3/5/2012
START DATE
END DATE
3/22/2012
American Patriot Insurance Agency Inc et al v. Mutual Holdings (Bermuda) Limited et al
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
The Court of Appeal for Bermuda
Civil Law
Zacca P Ward L Austin JA Evans Anthony JA
Jeremy Garrood
Paul Smith
FACTS OF THE CASE:
Fraudulent actions regarding reinsurance premiums led to a $1 million judgment in favor of the appellants. Issues involved pre-judgment interest and cost allocations for corporate and fraud-related claims.
SUMMARY:
Appellants' entitlement to interest allocation of costs between corporate and fraud issues
OUTCOMES:
Appellants awarded costs on indemnity basis against certain respondents no costs for corporate issues standard basis for interest and costs proceedings
RULED IN FAVOUR OF:
Plaintiff/Claimant
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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