Andrew Maneval

  • Home
  • Andrew Maneval

SHOWING:

1 to 2 of 2 results
  

Sort By:

Search

Filter By:

Topics

Jurisdictions

Allegations

Japanese insurer awarded $1 b against Fortress Re

An arbitration panel sitting in New York has awarded more than $1 billion against failed aviation reinsurance pool manager Fortress Re Inc., of North Carolina. In a decision issued on December 16, 2003, the panel found that Fortress Re and its principals, Maurice Sabbah and Kenneth Kornfeld perpetrated a massive fraud against Sompo Japan Insurance Inc.