February 10 March 17 2016
START DATE
END DATE
March 30 2016
Peirce Capital Ltd v. William Peirce Stewart and Barbara K Stewart
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
The Supreme Court of Bermuda
CIVIL JURISDICTION
IAN RC KAWALEY CJ
David Kessaram (Cox Hallett Wilkinson Limited)
Henry Tucker (Appleby (Bermuda) Limited) for the 1st Defendant Bruce Swan (Apex Law Limited) for the 2nd Defendant
FACTS OF THE CASE:
Plaintiff sought recovery of loans for property purchase. Defendants did not file defense on time. Concerns over enforcing judgment according to New York court's equitable distribution
SUMMARY:
Validity of the defenses based on prior power of attorney and agreements re-litigation of New York divorce findings
OUTCOMES:
Default judgments against defendants upheld concerns addressed with undertakings regarding enforcement proportions
RULED IN FAVOUR OF:
Plaintiff/Claimant
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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