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    Lancer Offshore latest: Four new lawsuits, Michael Lauer held in contempt

    The Receiver for the Lancer Offshore group has filed four new lawsuits against parties in Bermuda, the Bahamas, the United States, Monaco, and France in an attempt to recover $1.48 million. All of the actions were filed at the U. S. District Court for the Southern District of Florida on January 11, 2006 by Marty Steinberg, as court-appointed Receiver for Lancer Management Group LLC, Lancer Management Group II LLC, Lancer Offshore Inc., OmniFund Ltd., LSPV Inc., LSPV LLC, Alpha Omega Group Inc., and G.H. Associates LLC.

    Jerry Nims and his 3D technology claim another victim

    The curse of American businessman Jerry Nims and his 3-D camera technology, whose many failures over two decades have cost Bermuda-based investors millions of dollars, has claimed another victim. NimsTec North America Inc. filed for voluntary bankruptcy at the United States Bankruptcy Court for the District of Georgia on November 6, 2000.