He is a former Lloyd's Name
, and when the insurance market crashed faced financial ruin.
Her writ claims he asked her to become a Lloyd's name
- the financiers who underwrite the London firm's insurance empire - 10 years ago.
FORMER rugby star Bill Beaumont admits his biggest financial mistake was becoming a Lloyd's Name
, the term used for the insurance market's underwriters.
will not be on the list of a dozen candidates to replace Bob Woolmer that will be considered by Warwickshire's committee tomorrow, but the former England opening batsman and county captain has not ruled himself out as a late entry for the job.
The son of a London tram worker had pursued just about every avenue available to him in the fight game, including winning a record three Lonsdale Belts, which he auctioned for pounds 48,300 in 1993 after suffering losses as a Lloyd's Name
Sally Noel, who owes pounds 297,000, said: "The Neil Hamilton sleaze scandal has nothing on this.
HARRY ENFIELD AND CHUMS: Harry, left, plays it for laughs with mates Paul Whitehouse and Kathy Burke when the randy old ladies turn their attentions to a visiting gas man and Tim joins the jet set by becoming a Lloyd's name
James, who has been with Lloyd's since December 1997, had a high profile within the market, promoting the Lloyd's name
around the world.
He said the franchise has great value, allowing insurance buyers to shop among competitors in a unique environment and come away with a "security" that bundles coverage from multiple underwriters under the Lloyd's name
A Lloyd's spokesman said: "Certain travel insurance policies bearing the Lloyd's name
have been issued without authority.
The 64-day trial arose as a countersuit by Lloyd's Name
Sir William Jaffray against legal action by Lloyd's to collect his unpaid debts to the Society of Lloyd's.
The main court case ended earlier this month with the judge clearing Lloyd's name
, though other actions rumble on.
As a Lloyd's Name
in the Eighties she lost everything but her house and her old age pension and Marcus hopes the return of the the characters who enthralled a generation of children will go someway to restoring her fortune.