11/26/2018
START DATE
END DATE
14-Jan-19
ATHENE HOLDING LTD v. IMRAN SIDDIQUI STEPHEN CERNICH CALDERA HOLDINGS LTD.
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
The Supreme Court of Bermuda
CIVIL JURISDICTION
Hon. Chief Justice Hargun
Kevin Taylor Benjamin McCosker (Walkers)
Alex Potts QC (Kennedys Chudleigh Ltd)
FACTS OF THE CASE:
Athene alleges breach of fiduciary duty by Siddiqui and Cernich in using confidential info for Caldera's benefit; Caldera incorporated to compete for Company A exploiting Athene's acquisition plans and confidential information
SUMMARY:
Breach of fiduciary duties misuse of confidential information and the legality of competing for Company A
OUTCOMES:
Order that defendants be enjoined from using confidential info alternative damages legal costs
RULED IN FAVOUR OF:
Plaintiff/Claimant
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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Download Case Summary:
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ATHENE HOLDING LTD v. IMRAN SIDDIQUI STEPHEN CERNICH CALDERA HOLDINGS LTD.
Athene alleges breach of fiduciary duty by Siddiqui and Cernich in using confidential info for Caldera's benefit; Caldera incorporated to compete for Company A exploiting Athene's acquisition plans and confidential information