RenRe Accountant's Lifetime Injunction Tossed

Law360, New York (February 9, 2009, 12:00 AM EST) -- A federal judge has lifted a former RenaissanceRe Holdings Ltd. controller's lifetime ban from serving as an officer of a public company, ruling that the ban is unfair compared to the punishments against the co-defendants charged with participating in a sham reinsurance deal.

In an order signed Thursday in the U.S. District Court for the Southern District of New York, Judge Gerard E. Lynch agreed to modify the permanent injunction against Martin E. Merritt in light of the fact that Merritt's co-defendants received less serious punishments...
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