Three United States-based firms have asked a court to appoint an independent Bankruptcy Trustee for AlphaStar Insurance Group Ltd. to prevent further fraud. The current management of AlphaStar and 11 of its subsidiaries, which all filed for Chapter 11 bankruptcy protection in New York on December 15, 2003, cannot be trusted, it was alleged.
Articles Bermuda Featured Fraud Insurance Liquidations & Insolvencies Stirling Cooke United Kingdom USAJanuary 31, 2004
Insurance firms seek independent Trustee for AlphaStar Insurance Group
20 years ago