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5/7/2009

START DATE

END DATE

6/2/2009

Founding Partners Capital (Bermuda) Limited v. The Bank of N.T. Butterfield & Son Limited

COURT:

LAW:

JUDGE(S):

CLAIMANT'S LAWYER:

DEFENDANT'S LAWYER:

Supreme Court of Bermuda

Commercial Court Civil Jurisdiction

Hon. Geoffrey R. Bell

Mr. Mark Diel (Marshall Diel & Myers)

Mr. Keith Robinson (Appleby)

FACTS OF THE CASE:

The case involves the plaintiff seeking a mandatory order to release funds frozen by the defendant bank citing breach of contract with a backdrop of an SEC investigation in the U.S. involving related entities

SUMMARY:

Non-disclosure by plaintiff injunction validity and constitutional arguments

OUTCOMES:

Injunction denied due to non-disclosure and constitutional considerations

RULED IN FAVOUR OF:

Defendant (The Bank of N.T. Butterfield & Son Limited)

PLAINTIFF/CLAIMANT

DEFENDANT:

DURATION (DAYS):

ISSUES:

RELEVANCE:

RULING:

RULING TYPE:

CASES CITED:

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Founding Partners Capital (Bermuda) Limited v. The Bank of N.T. Butterfield & Son Limited

The case involves the plaintiff seeking a mandatory order to release funds frozen by the defendant bank citing breach of contract with a backdrop of an SEC investigation in the U.S. involving related entities

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