Trenwick Group, Ltd.(fka TWKGQ)

[lifegear]

I was looking at that too which reminded me of the possibility of a reverse triangular merger using Canopius Group Ltd and its subsidiary Canopius UK Holdings Ltd of merging with LSUK or Lasalle UK Holdings Ltd

that statement shows that even their loans and debts to third parties were acquired

perhaps they even acquired the debt security of Swiss Re's $55M Series B Preferred convertible shares to make the acquisition of LSUK since those preferreds are convertible to common shares which have voting interest in whatever subsidiary we have

the only way to get the voting rights on LSUK is to get some of our 100% voting interest in LSRH, our wholly owned subsidiary that has 100% voting interest in LSUK

LSUK was not liquidated at all imho