12 & 13 March 2015
START DATE
END DATE
9-Apr-15
LAEP INVESTMENTS LTD -v- EMERGING MARKETS SPECIAL SITUATIONS 3 LTD
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
The Court of Appeal for Bermuda
Commercial law arbitration
Baker President; Kay JA; Bell JA
Mr. Delroy Duncan and Ms. Nicole Tovey
Mr. John Wasty
FACTS OF THE CASE:
Dispute over the existence and extent of obligations owed by LAEP to Emerging Markets leading to arbitration in Brazil and enforcement actions in Bermuda
SUMMARY:
Validity and enforcement of arbitration award stay of enforcement order winding up of LAEP
OUTCOMES:
Appeal allowed enforcement order stayed winding up order set aside
RULED IN FAVOUR OF:
Appellant (LAEP INVESTMENTS LTD)
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
Join our pro membership and get all the details at your finger tips
Want to see full case details, including key arguments and claims? [Join Pro Membership] to unlock exclusive insights.
Discover the legal strategies and defenses used in this case. [Join Pro Membership] for full access.
How long did this legal battle last, and what key events happened? [Join Pro Membership] to find out.
Uncover the critical legal principles debated in this case. [Join Pro Membership] for in-depth analysis.
See why this case matters in Banking, Mortgages, and Financial Services. [Join Pro Membership] to explore its impact.
Find out the final judgment and its legal implications. [Join Pro Membership] to access the ruling.
Understand how this judicial ruling sets a precedent in law. [Join Pro Membership] for expert breakdowns.
See how past legal precedents influenced this case. [Join Pro Membership] to unlock the list.
Download Case Summary:
Explore:
EPHESIANS 6:16
PT Satria Tirtatama Energindo v. East Asia Company Limited and Bali Energy Limited
2016
RE: C (VARIATION OF ACCESS ORDER)
2015
In the Matter of IPOC Capital Partners Limited and others
2007
Hindsight law can make mistakes. Consider checking original case studies