Insight and Intelligence on the London & International Insurance Markets 22 Oct 2017
Maiden and whistleblowing ex-COO fail to settle
- 29 August 2017
Maiden has failed to find significant common ground with its former chief operating officer Bentzion Turin, who accused the company of fraud over a key $260mn transaction in 2009.
US Department of Labor administrative law judge Theresa Timlin had ordered the two parties to try to settle their differences in a hearing that took place behind closed doors last week.
But after two days of talks, Maiden and Turin failed to reach an agreement and a public hearing was scheduled...
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