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Nevis-domiciled Condor Insurance goes into liquidation

Condor Insurance Ltd. went into liquidation at the High Court of St. Kitts and Nevis on May 18 following a petition by New York Stock Exchange-listed Infineon Technologies AG, which is registered in Germany.Richard Fogerty, of Kroll (Cayman) Limited, and William Tycon, of Kroll (BVI) Limited, were appointed joint official liquidators. Another creditor, Pro Med Reinsurance Limited, which, like Condor, is incorporated in Nevis, was granted permission to appear in the liquidation.