Occidental

Complaint "for damages arising from Equiniti's failure to carry out its duties as Occidental Petroleum Corporation’s transfer agent" in Wells Fargo Bank N.A., "both in its individual capacity and as Trustee of the Anadarko Petroleum Corporation Benefits Trust" v. Equiniti Trust Company, of the United Kingdom, at the U.S. District Court for the District of Delaware.

Petition to Confirm Arbitration Award of $391 million in Andes Petroleum Ecuador Ltd., a Barbados company based in Ecuador v. Occidental Exploration and Production Company, of California, at the U. S. District Court for the Southern District of New York.

Memorandum Opinion in High River Limited Partnership, of Delaware; Icahn Partners Master Fund LP, of the Cayman Islands, and Icahn Partners LP, of Delaware v. Occidental Petroleum Corporation at the Court of Chancery of the State of Delaware.

Originating Application regarding Swift Assets Limited in Pio Services Limited v. Registrar of Corporate Affairs at the British Virgin Islands High Court.

Complaint in U. S. Securities and Exchange Commission v. One or More Unknown Traders in the Securities of Anadarko Petroleum Corp. using accounts at Cowen International Ltd., of the United Kingdom, and Renaissance Securities (Cyprus) Limited, of Cyprus, at the U. S. District Court for the Southern District of New York.

Notice of Application for a Temporary Restraining Order and Motion for a Preliminary Injunction in Occidental Exploration and Production Company v. Encana Corporation, of Canada, and Encana International Finance (Bermuda) Limited, of Bermuda, at the U. S. District Court for the Southern District of New York.

Complaint in Occidental Exploration and Production Company v. Encana Corporation, of Canada, and Encana International Finance (Bermuda) Limited, of Bermuda, at the U. S. District Court for the Southern District of New York.

Complaint in EFG Bank AG, Cayman Islands Branch, v. Transamerica Life Insurance Company at the U. S. District Court for the Central District of California.

Complaint in MFC Industrial Ltd. v. Peter Kellogg, Cynthia Kellogg, Lee Kellogg, Charles Kellogg, Kellogg Family Trust, Peter and Cynthia Kellogg Foundation, Peter Vest Ptrs L.P., PRK Corporation, PRK Non-Marital Trust, IAT Reinsurance Company Ltd., Bermuda Partners, Acceptance Casualty Insurance Co., Acceptance Indemnity Insurance Co., Harco National Insurance Co., Occidental Fire & Casualty Co. of North Carolina, Transguard Insurance Co. of America, Inc., and Wilshire Insurance Co. at the U. S. District Court for the Southern District of New York.

Supplemental Declaration of Michael Fuchs in U. S. Securities and Exchange Commission v. Provident Capital Indemnity, Ltd., Minor Vargas Calvo, and Jorge Luis Castillo at the U. S. District Court for the Eastern District of Virginia.

Petition In the Matter of Orient Petroleum International, Inc. at the Grand Court of the Cayman Islands.

An arbitration hearing scheduled for April regarding a $40 million damages claim against Bermuda-based Annuity and Life Re (Holdings) Ltd. by Transamerica Occidental Life Insurance Company has been called off pending settlement negotiations.Details are contained in a note to the financials headlined “Contingencies” that appears in Annuity & Life Re's 2006 financials, which were released on March 21, 2007.

Nearly two years after the collapse of Enron, the collapse of the Parmalat food group has once again shed an unwelcome spotlight on the offshore sector of the Cayman Islands. Although it had nowhere near the level of Enron's more than 600 Cayman-registered subsidiaries, Parmalat nonetheless had a handful of subsidiaries or affiliated entities incorporated on the island, including an exempted mutual fund, and media reports have suggested one or more of them may have been used to hide assets for a group whose insolvency may be as much as €10 billion (US$12.6 billion).

Bermuda-registered broker/risk manager Willis Group Holdings has applied to intervene in a civil lawsuit filed by Odyssey Re against Stirling Cooke Brown Holdings and others at the High Court in London. Willis, which is effectively seeking to become a defendant, is also believed to have filed a separate lawsuit against Stirling Cooke, apparently in order to cover all liability scenarios.

Stirling Cooke has disclosed that its UK-based subsidiaries are being investigated by Lloyd's of London following the apparent insolvency of a Lloyd's syndicate known as the Alan R. Bird syndicate. The Bird syndicate is believed to have become insolvent following an arbitration ruling on December 9, 1999 that rescinded reinsurance contracts with Transamerica Occidental Life Insurance Co., primarily on the grounds that Stirling Cooke, in its capacity as broker, had orchestrated an "abnormally tight" reinsurance spiral.

California-based Transamerica Occidental Life Insurance Co. has won a second arbitration over its refusal to pay multi-million dollar reinsurance claims on coverage brokered by Stirling Cooke Brown Holdings. The losing party was Alan R. Bird, on his own behalf and representing all members of Lloyd's Syndicate 103 for the 1993/94 years of account.

Interim Arbitration Award and Reasons for Interim Award in Transamerica Occidental Life Insurance Co. v. Alan R. Bird, on his own behalf and as representative of all the members of Syndicate 103 at Lloyd's for 1993 and 1994.

Inside Bermuda has obtained specific details about four of the seven lawsuits filed against Stirling Cooke Brown Holdings and/or related entities in the High Court of Justice, Queen's Bench Division Commercial Court, in the UK.