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    Enron’s Bermuda captive goes into liquidation

    January 31, 2002
    Enron Corp's Bermuda-registered captive, Enron Re Ltd., has assets of just $9.58 million to meet its liabilities, according to its liquidators. The self-insurance vehicle was ordered into provisional liquidation at Bermuda Supreme Court on January 2, 2002 following an application by the Supervisor of Insurance and the Bermuda Monetary Authority.

    Euro Bank goes into voluntary liquidation

    June 30, 1999
    Cayman Islands-based Euro Bank Corporation this month officially went into voluntary liquidation, as we revealed it would in the May edition of Offshore Alert. Additionally, two members of its management, Ivan Burges and Judi Donegan, were arrested by Cayman police but released without charge, according to sources.