Plymouth, Montserrat Plymouth, Montserrat Plymouth was the capital city of the island of Montserrat, an overseas territory of the United Kingdom located in the Leeward Island chain of the Lesser Antilles, West Indies. Constructed on historical lava deposits near the then-inactive Soufriere Hills volcano, the town was evacuated when the volcano resumed erupting in 1995. Plymouth was abandoned permanently in 1997 after it was burnt and mostly buried by a series of pyroclastic flows and lahars. For centuries, it had been the only port of entry to the island. Plymouth is still the "de jure" capital city of Montserrat, making it the
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.