Max Capital Comments on Bermuda Court Ruling Dismissing Validus Application for Expedited Trial.
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Max Capital Comments on Bermuda Court Ruling Dismissing Validus Application for Expedited Trial.
HAMILTON, Bermuda -- Max Capital Group Ltd. (NASDAQ: MXGL; BSX: MXGL BH) today commented on yesterday's Bermuda Supreme Court ruling dismissing the application by Validus Holdings, Ltd. to expedite its suit against Max and IPC Holdings, Ltd. Validus was attempting to have its suit determined before the respective shareholders meetings to consider the proposed merger of Max and IPC. The court refused t...
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