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3/13/2012

START DATE

END DATE

10/2/2012

Butterfield Trust (Bermuda) Limited v R tli Stiftung and Stiftung Salle Modulable

COURT:

LAW:

JUDGE(S):

CLAIMANT'S LAWYER:

DEFENDANT'S LAWYER:

Supreme Court of Bermuda

Civil Jurisdiction

Richard Ground (Chief Justice)

Victor Lyon QC and Nathaniel Turner (Plaintiff lawyers)

David Kessaram and Sarah-Jane Hurrion (Defendant lawyers)

FACTS OF THE CASE:

Dispute over CHF 120M commitment for opera house construction conditional upon local government funding which was not forthcoming

SUMMARY:

Issue of enforceability of commitment and conditional nature of funding

OUTCOMES:

Outcome undecided application for leave to discontinue part of action granted costs issues unresolved

RULED IN FAVOUR OF:

No clear party favored

PLAINTIFF/CLAIMANT

DEFENDANT:

DURATION (DAYS):

ISSUES:

RELEVANCE:

RULING:

RULING TYPE:

CASES CITED:

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Butterfield Trust (Bermuda) Limited v R tli Stiftung and Stiftung Salle Modulable

Dispute over CHF 120M commitment for opera house construction conditional upon local government funding which was not forthcoming

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