Word: lloyds
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Saitowitz said he is trying to follow the advice of Frank Lloyd Wright to "pick the most difficult and awkward sites because they have the most potential." The memorial will be located near Boston's City Hall...
...MOST HAPPY FELLA. Frank Loesser's Napa Valley fable, done along operatic lines well before Andrew Lloyd Webber came along, has been a cult icon since its 1956 Broadway production. New York City Opera has a new staging. It stars Louis Quilico as the middle-aged lover of a pert mail-order bride...
Really Useful Holdings has certainly proved useful to tunesmith Andrew Lloyd Webber. Last week he sold a 30% interest in his company to European record giant PolyGram for more than $130 million. The London-based creator of Cats, The Phantom of the Opera, Starlight Express and other theatrical sensations has been criticized for shallowness, but no one questions Lloyd Webber's status as a cash machine. For PolyGram, the investment in Really Useful is the latest step in an aggressive and costly drive to buy up independent entertainment companies, following the acquisition of A&M and Island Records. While...
...Lloyd's of London, which is enmeshed in a racketeering lawsuit against B.C.C.I., has fruitlessly made offers to provide evidence of bribery and kickbacks and has made "repeated pleas" to U.S. Attorneys in Miami and New Orleans to seize B.C.C.I. records. Lloyd's accuses B.C.C.I. of taking part in smuggling operations and falsifying shipping documents. The insurance underwriters offered the results of their voluminous research into the bank's illegal activities. The Justice Department attorneys ignored the offers, Lloyd's says...
...Lloyd's may yet be forced to abandon its unique principle of unlimited liability. That would immediately attract companies as investors, since firms are prohibited from investing in anything where liability is not defined. A Lloyd's task force is preparing a year-end report that will address this subject. The committee may conclude that unlimited liability is akin to a black hole -- something that no underwriter, not even one from Lloyd's, can contemplate covering...