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5/23/2017

START DATE

END DATE

27-Sep-17

LYDIA CALETTI v. RALPH DeSILVA

COURT:

LAW:

JUDGE(S):

CLAIMANT'S LAWYER:

DEFENDANT'S LAWYER:

Supreme Court of Bermuda

CIVIL JURISDICTION

Ben Adamson (Conyers Dill & Pearman Limited)

Michael Scott (Browne Scott) Richard Horseman (Wakefield Quin for the Third Party)

FACTS OF THE CASE:

DeSilva borrowed $3 million from Caletti secured against properties and shares failed to repay leading to consent judgment for Caletti

SUMMARY:

Whether consent judgment can be set aside legality and enforcement of promissory note interest rates misrepresentation non-disclosure

OUTCOMES:

Consent judgment modified not set aside in favor of Plaintiff

RULED IN FAVOUR OF:

Plaintiff/Claimant

PLAINTIFF/CLAIMANT

DEFENDANT:

DURATION (DAYS):

ISSUES:

RELEVANCE:

RULING:

RULING TYPE:

CASES CITED:

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LYDIA CALETTI v. RALPH DeSILVA

DeSilva borrowed $3 million from Caletti secured against properties and shares failed to repay leading to consent judgment for Caletti

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