Word: sues
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...Lloyd's would not have met its solvency test under British law. The restructuring deal, designed to help Lloyd's emerge from financial losses amounting to more than $12 billion, stipulates that "names" have to pay a premium of up to $150,000 and give up their right to sue Lloyd's or its agents for policies covered in the restructuring. The plan would put money-losing insurance policies into a new reinsurance company called Equitas Group, allowing individual investors to exit Lloyd's and limit their losses. "The only problem," says TIME's Helen Gibson. "Is that...
...enforce their views on the world, and doesn't the U.S. regularly throw its superpower weight around? Yes, Washington often berates other countries, promises benefits or denies privileges to get its way. But the Helms-Burton law, which permits Cuban Americans to go to court in the U.S. to sue foreign companies "trafficking" in their property seized by the Castro regime, and Iran-Libya sanctions, which bar U.S. financing and export rights to foreign firms making new investments in Libyan or Iranian oil and gas, are something different. They threaten to punish private individuals outside...
...Grendel's owner Sue E. Kuelzer, the rich history of her eatery is what gives the restaurant its unique ambiance...
Eton is famous for its blue bloods and for the statesmen and men of letters it has turned out. The students there acquire an elegance and gloss. Sue Townsend, author of the satirical The Queen and I and no monarchist, says, "William has that Etonian look already. The boys are burnished; they are like angels, you know, and they float around the world." It is likely that during his five years there, Wills won't have too much time to think about his battling parents. His day is a strict drill. Up at 8, compulsory chapel after breakfast, classes...
...popular support. But that resolve may not last: "The boycott will probably not have much of an impact once the harsh Canadian winter rolls around," says TIME's Gavin Scott. "Their enthusiasm to go to Florida will be undiminished." The Helms-Burton law allows American citizens and corporations to sue foreign companies that use confiscated American assets in Cuba. The U.S. is also banning executives, their families and shareholders of those companies from the country. The State Department has already notified nine top officers of Sherrit, a Toronto-based company, that they and their families will be denied entry into...