Missing Diamonds
On May 17, 2010, Lazare Kaplan sued various Lloyd's of London syndicates and European insurers for $640 million in damages arising out of the disappearance of diamonds. The lawsuit alleges that the insurers breached two “all risk” New York property insurance policies. The company has been suspended from trading on the American Stock Exchange since September 2009 and has not filed quarterly or annual reports with the U.S. Securities and Exchange Commission (SEC) since early 2009.
Read more about this topic: Lazare Kaplan International
Famous quotes containing the words missing and/or diamonds:
“I am opposed to writing about the private lives of living authors and psychoanalyzing them while they are alive. Criticism is getting all mixed up with a combination of the Junior F.B.I.- men, discards from Freud and Jung and a sort of Columnist peep- hole and missing laundry list school.... Every young English professor sees gold in them dirty sheets now. Imagine what they can do with the soiled sheets of four legal beds by the same writer and you can see why their tongues are slavering.”
—Ernest Hemingway (1899–1961)
“I always see those of whom I have heard well with a slight disappointment. They are so much better than the great herd, and yet the heavens are not shivered into diamonds over their heads.”
—Henry David Thoreau (1817–1862)