Tyson Foods

Petition to Compel Arbitration in GIC Re, India, Corporate Member Limited, described as "an English reinsurance company" v. Tyson International Company Ltd., described as a Bermuda insurer, at the U.S. District Court for the Southern District of New York.

Giant meat processor Tyson Foods, Inc. is seeking damages of more than $113 million in litigation and arbitrations against insurers in Bermuda and elsewhere for alleged property damage and business interruption losses caused by Hurricane Katrina on August 29, 2005.Details

Eight Bermuda based companies are among the defendants in a recently civil lawsuit filed recently by clients of broker Marsh & McLennan who claim they were damaged in a bid rigging scam. One of the plaintiffs is also incorporated in Bermuda.