September 19-20, 2012
START DATE
END DATE
October 3 2012
In the Matter of Kingate Management Limited
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
Supreme Court of Bermuda
Commercial Court
Kawaley CJ
Alex Potts Sedgwick Chudleigh
Saul Froomkin QC Isis Law Venous Memari Liberty Law Chambers Tim Marshall Katie Tornari Marshall Diel & Myers Ltd
FACTS OF THE CASE:
Kingate Management Ltd managed funds invested with Bernard L. Madoff Madoff's arrest led to litigation by investors claims against trustees and shareholders of Kingate Management
SUMMARY:
Claims of unjust enrichment contractual/tort claims recovery of management fees risk of inconsistent findings in separate proceedings
OUTCOMES:
Plaintiffs (Joint Liquidators)
RULED IN FAVOUR OF:
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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