Commonwealth Risk Services

Judgment in the case of American Patriot Insurance Agency Inc., Kenneth Hendricks, and Diane Hendricks against Mutual Holdings (Bermuda) Limited, Mutual Indemnity (Bermuda) Limited, Glenn Partridge, David Alexander, Andrew Walsh, and Richard Turner at The Court of Appeal for Bermuda.

July was a significant month for Mutual Risk Management, with two of its subsidiaries going into liquidation in the United States and a scheme of arrangement being approved for the company itself.The bad news for the firm came when liquidation orders were issued for Legion Insurance and Villanova Insurance by the Commonwealth Court of Pennsylvania on July 28.

Two lawsuits that may be winding up petitions have been filed against companies that are part of the Mutual Risk Management Group.Both actions were filed at Bermuda Supreme Court under The Companies Act 1981, according to a source. This is