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4/25/2018

START DATE

END DATE

5/10/2018

Hiscox Services Ltd et al v. Yuval Abraham

COURT:

LAW:

JUDGE(S):

CLAIMANT'S LAWYER:

DEFENDANT'S LAWYER:

Supreme Court of Bermuda Civil Jurisdiction Commercial Court

Commercial Law

Narinder K Hargun CJ

Keith Robinson Henry Tucker of Carey Olsen Bermuda

Saul Froomkin QC of Christopher E. Swan & Co.

FACTS OF THE CASE:

Defendant CFO of Plaintiff's company accused of transferring company funds to personal accounts

SUMMARY:

Misappropriation of funds breach of fiduciary duty false invoicing

OUTCOMES:

Summary judgment for Plaintiffs damages in US$1506960 and CHF 334000 plus interest

RULED IN FAVOUR OF:

Plaintiffs

PLAINTIFF/CLAIMANT

DEFENDANT:

DURATION (DAYS):

ISSUES:

RELEVANCE:

RULING:

RULING TYPE:

CASES CITED:

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Hiscox Services Ltd et al v. Yuval Abraham

Defendant CFO of Plaintiff's company accused of transferring company funds to personal accounts

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