Truth About Lloyds -
[Cached Version]
Published on: 4/26/2006
Last Visited: 6/27/2008
Mr Christopher Crosthwaite, a solicitor for 450 PCW names, said the body had refused to tell him the level of acceptances yesterday.
Mr Crosthwaite and the PCW 1985 Committee, which represents the 450 names, have criticised the Lloyd's settlement terms because they claim the losses directly arose from fraud by professional members of the Lloyd's market.
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Mr Christopher Crosthwaite, the solicitor who has been acting for the PCW 1985 Committee, which speaks for 450 of the hardest-hit victims of the non-marine syndicates, hailed yesterday as "the end of a long battle."
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The PCW 1985 Committee, which represented 450 of the 1,547 worst-hit members, has now been dissolved, said Mr Christopher Crosthwaite, its solicitor.