Fraser Butterworth

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    Insider Talking: November 30, 2004

    Two prominent Bermudian businessmen accused of fraud appeared at Magistrates Court in November for a preliminary hearing on whether there is sufficient evidence for the case against them to proceed. Bermudians Arthur Jones, 52, and Fraser Butterworth, 62, have exercised

    Insider Talking: May 31, 2004

    Two prominent Bermuda businessmen were arrested at their offices on May 6 by police investigating the alleged theft of $145,000 from a development company. They are Arthur Jones, 52, who owns Bermuda's biggest realtor, Coldwell Banker JW Bermuda Realty, formerly

    BFCL comes to an ignominious end

    One of the most ambitious property developments in Bermuda's history that eventually turned into a four-year embarrassment for its sponsors has ended in typically ignominious fashion. Bermuda Financial Centre Limited was struck off from the Bermuda companies register on December 19 by the authorities and, three days later, the listing of its preference shares was cancelled by the Bermuda Stock Exchange.

    BFCL management contract could change hands

    The multi-million dollar contract to manage the Bermuda Financial Centre Ltd project may soon be up for grabs. Winworth Ltd, which is owned by Mike Winfield, Heather Robinson and Fraser Butterworth, is on the verge of giving up the contract, we have been told.

    BFCL plans $5 m IPO

    Bermudians will soon be invited to buy in to the international business industry — by purchasing shares in a new company planning to replace the Bermudiana Hotel with a posh, five-star business hotel and office complex. The project, which includes a big convention and leisure centre, could be completed in 1996 and is expected to inject millions of dollars into the economy.

    Major plans for site of Bermudiana Hotel

    A Small group of Bermudian investors and businessmen plans to raise over $130 million to turn the Bermudiana Hotel into a five-star hotel and convention centre, with offices and a recreation complex. The group has not been named but is known to include architect Fraser Butterworth. Two other well-known Bermudians with extensive hotel experience are among the founding sponsors.