Replies to post #6974 on Trenwick Group, Ltd.(fka TWKGQ)

[lifegear]

I don't think we're at that stage yet of non-existence as they've confirmed that the JPL's are trying to find ways to monetise the $5M Note Receivable from TACLLC

at the same time, they've confirmed that the economic interest was assigned to LSRH our wholly owned subsidiary

I have a feeling that this economic interest includes the 20% of underwriting profits of Syndicate S444 from 2004 and beyond

[lifegear]

Subsidiaries Merging Into Parent Company....

this is a possibility here too just in case they want the publicly traded shell with over $4 per share in NOLs imho (note that they've confirmed tax losses are being preserved within TGL)

http://www.google.com/search?q=subsidiary+merging+with+parent+company&rls=com.microsoft:en-us&ie=UTF-8&oe=UTF-8&startIndex=&startPage=1