Soufrière Hills century in Montserrat. When pyroclastic flows and mudflows began occurring regularly, the capital, Plymouth, was evacuated, and a few weeks later a pyroclastic flow covered the city in several metres of debris. The first phreatic explosion in this new period of activity occurred on 21 August 1995, and such activity lasted for 18 weeks until it caused an andesitic lava dome formation. This was initially confined by a sector-collapse scar. This period lasted for another 60 weeks, after which there were major dome collapses and two periods of explosive volcanic eruptions and fountain-collapse pyroclastic flows. The explosion blanketed Plymouth, away,
Long-Term Capital Holdings v. United States Long-Term Capital Holdings v. United States Long Term Capital Holdings v. United States, 330 F. Supp. 2d 122 (D. Conn. 2004), was a court case argued before the United States District Court for the District of Connecticut that concerned a tax shelter used by Long-Term Capital Management, a failed hedge fund. The tax shelter had been designed by Babcock & Brown for Long-Term Capital to shelter it's short-term trading gains from 1997. The case was an appeal of an Internal Revenue Service denial of the plaintiffs' claim of $106,058,228 in capital losses during the 1997 tax year and associated penalties.