Captive International reports on CIC Services’ recent lawsuit against a former client, SRM Group, its owner, Suresh Prabhu, and two related captives CIC formerly managed, for breach of contract and fraud.
CIC Services recently filed a lawsuit in the Circuit Court for Knox County, Tennessee against a former client, SRM Group, Inc., it’s owner, Suresh Prabhu, and two related captive insurance companies formerly managed by CIC Services. The lawsuit alleges breach of contract and fraud and seeks both compensatory and punitive damages.
Texas resident LeAnn Cyr has filed complaints against attorney, captive insurance pundit and
Forbes.com contributor Jay Adkisson with the State Bar of Texas Chief Disciplinary Counsel, Office of the General Counsel of the Oklahoma Bar Association, State Bar of Nevada, State Bar of California and State Bar of Arizona.
Captive Insurance Times reports on CIC Services petitioning the Supreme Court of the United States to hear our lawsuit against the Internal Revenue Service (IRS) regarding IRS Notice 2016-66.