against former banker Arnold J. Todd.

It's unlikely Mr. Vaucrosson will collect much, if any of the money. Mr. Todd is being hounded by creditors. Law firm Mello Hollis Jones and Martin have filed a writ for bankruptcy proceedings against him.

Mr. Todd, a former Bank of Bermuda loan officer, was cleared of six criminal charges for theft in a nine-week trial in November 1996. Mr. Todd was ordered to pay more than $500,000 to 74-year-old business partner Frederick Hendrickson last September.

Mr. Vaucrosson was convicted of stealing almost $400,000 from the estate of a dead TV journalist and was later disbarred -- three years after being jailed in 1995.

Mr. Vaucrosson was off the Island and could not be contacted for comment.

Bermuda Home directors resign from the board BERMUDA HOME DIRECTORS RESIGN FROM THE BOARD BUC Bermuda Home Ltd. directors Anthony Brewer, Wayne Jackson and Cummings Zuill have resigned from the board with immediate effect.

And Bank of Bermuda senior vice president Alan Richardson was appointed to the board and made chairman.

Bermuda Aviation Services president Eugene Bean, Bank of Bermuda general manager banking (Bermuda) Danny Fox, Bank of Bermuda human resources senior vice president Mark Perreault and Bank of Bermuda corporate controller William Scott were all appointed to sit on the board.

No official reasons were given for the changes in a statement issued by the Bermuda Stock Exchange.

Bermuda Home also informed the BSX yesterday that the company's financial year-end had been changed from March 31 to June 30 for this year.

BERMUDA SAVINGS AND LOAN SUES LAW FIRM BUC Bermuda Savings and Loan sues law firm Deposit company Bermuda Savings and Loan -- owned by First Bermuda Securities Ltd. -- is suing the law firm previously known as Cox & Wilkinson.

The lawsuit for an undisclosed sum was filed at the Supreme Court on Monday.

It names six former partners of the firm -- John E. Riihiluoma, David R.

Kessaram, Michael L. Jones, Harry Kessaram, Kim R. M. White and Justin Williams.

In December 1997 Cox & Wilkinson merged with Hallett, Whitney & Patton to become Cox, Hallett & Wilkinson.

But details of the dispute are not yet clear.

Cox & Wilkinson senior partner David R. Kessaram, who is now senior partner at the merged firm said yesterday that he had no public comment to make on the writ.

And Bermuda Savings & Loan general manager Betty Brown has not returned The Royal Gazette's phone calls on the matter for the past three days.

LAWYER TO SPEAK AT PUERTO RICO CONFERENCE CON BUC Lawyer to speak at Puerto Rico conference Appleby, Spurling & Kempe lawyer Michael McAuley is one of the speakers at the Offshore Investment Caribbean Conference being held in Puerto Rico on May 19 and 20.

The event is being sponsored by Anguilla, Nevis and the Jeeves Group of Companies.

BUSINESS BUC