United Parcel Service, Inc.

Ex Parte Petition for Leave to Serve 'John Doe' Summonses as part of an IRS investigation into U.S. taxpayers who are suspected of tax evasion using the services of Panama Offshore Legal Services, described as "a Panamanian law firm that has been providing offshore services since 2000", allegedly offering legal structures formed in several jurisdictions, including Belize, the British Virgin Islands, Delaware, Nevis, Nevada, Panama, Saint Vincent and the Grenadines, and Switzerland, in USA v. Federal Express Corporation, a.k.a. FedEx Express; Fed Ex Ground Package System, Inc., a.k.a. FedEx Ground; DHL Express (USA), Inc., United Parcel Service, Inc., the Federal Reserve Bank of New York, The Clearing House Payments Company LLC, HSBC Bank USA, N.A., Citibank, N.A., Wells Fargo Bank, N.A., and Bank of America, N.A. at the U. S. District Court for the Southern District of New York.

The members' voluntary liquidation of Overseas Partners Ltd., once one of Bermuda's largest reinsurers, has been completed. Liquidators Peter Mitchell and Nigel Chatterjee declared a final distribution totaling $65 million, or $0.545 per share, to the company's shareholders in November, 2007 and the company held its final General Meeting of Shareholders on December 28, 2007. OPL went members' voluntary liquidation on January 31, 2006 but had been in run off since February 13, 2002.