9/1/2022
START DATE
END DATE
9/30/2022
IN THE MATTER OF THE P TRUSTS
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
Supreme Court of Bermuda
COMMERCIAL COURT CIVIL JURISDICTION
The Hon. Chief Justice Hargun
Jeffrey Elkinson Britt Smith
Keith Robinson Oliver MacKay Fozeia Rana-Fahy Matthew Watson Mark Chudleigh Laura Williamson
FACTS OF THE CASE:
Trustees seek court approval for settlement agreement redistribution among principal beneficiaries of three Settlements established by PRP. Dispute arises over legality and implementation of Settlement Agreement claims of misrepresentation and invalidity by defendants.
SUMMARY:
Validity of Settlement Agreement appropriateness of Trustee actions claims of misrepresentation and conflict of interest.
OUTCOMES:
Court directs claims for rescission to be pursued in separate writ action staying the current application.
RULED IN FAVOUR OF:
Pending separate proceedings
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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