L. Dennis Kozlowski, the imprisoned former chief executive officer of Tyco International Ltd., has spent $25 million to defend himself at two trials and asked a judge to direct an insurance broker to turn over papers that will help pay his legal bills.

Kozlowski, 59, asked state Supreme Court Justice Helen Freedman May 25 in New York to direct London-based Willis Group Holdings Ltd. and two subsidiaries, Willis (Bermuda) Ltd. and Willis of New York, to turn over documents describing the terms of his coverage. Willis has refused to surrender the documents, Kozlowski's motion said. The former executive, and part-time Boca Raton resident, is serving a prison term of 81/3 to 25 years after his conviction last year for stealing tens of millions of dollars from Tyco.

H.J. Heinz Co., responding to pressure from billionaire investor Nelson Peltz, a part-time Palm Beach resident, will eliminate 2,700 jobs and sell or close 15 factories as part of a plan by the world's largest ketchup maker to revive profit growth.

Securities industry regulators have dropped all charges against former star technology banker Frank Quattrone over how his investment bank allocated shares of hot IPOs during the late-1990s Internet boom.

NASD, which is the brokerage industry's self-policing organization, withdrew the charges for procedural reasons. The ruling by an NASD hearing officer was the third in a trio of legal victories for Quattrone.

Hollywood-based Heico Corp., a maker of airplane and electronic parts, on Thursday said net profit jumped 32 percent to $7.5 million for the quarter ended April 30. Sales rose 38 percent to a record $92 million during the period, its fifth consecutive quarter with record net sales.

Heico is raising its targeted fiscal 2006 net sales to a range of $370 million to $376 million and diluted net income per share to a range of $1.09 to $1.12. Diluted net income per share was 28 cents last quarter.

The Related Group, the Miami-based condo builder, kept its lead for the second year in a row as the top-selling Hispanic-owned company in the United States, according to the new annual survey by Hispanic Business magazine released Thursday.

Related Group posted 2005 revenues of $3.2 billion, becoming the first company in Hispanic Business 500 ranking to grow by $1 billion in sales for two consecutive years, the publication said.

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