January 29 2014
START DATE
END DATE
February 14 2014
Linda Sharon Swan v. Gordon Ricky Woolridge trading as Phoenix Law Chambers
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
The Supreme Court of Bermuda
CIVIL JURISDICTION
Ian R.C. Kawaley CJ
Ms. Stephanie Hanson Conyers Dill & Pearman Ltd.
Mr. Gordon Ricky Woolridge Jr. Phoenix Law Chambers
FACTS OF THE CASE:
The Plaintiff Linda Sharon Swan was the Defendant law firm's first client engaged in a civil property dispute not resolved in her favour incurred legal fees over $170000 and sought to recover approximately $65000 for overpaid interest. The Defendant Gordon Ricky Woolridge claimed unpaid fees and interest. The dispute centered on whether Swan agreed to a 5% per month interest rate. Trial revealed no binding agreement for this rate leading to Swan's victory.
SUMMARY:
Whether the Defendant was entitled to charge 5% interest per month and whether there was a binding agreement on interest rates
OUTCOMES:
The Plaintiff is awarded $63498.60 plus pre-judgment interest at 7% per annum Defendant's Counterclaim dismissed
RULED IN FAVOUR OF:
Plaintiff
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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Linda Sharon Swan v. Gordon Ricky Woolridge trading as Phoenix Law Chambers
The Plaintiff Linda Sharon Swan was the Defendant law firm's first client engaged in a civil property dispute not resolved in her favour incurred legal fees over $170000 and sought to recover approximately $65000 for overpaid interest. The Defendant Gordon Ricky Woolridge claimed unpaid fees and interest. The dispute centered on whether Swan agreed to a 5% per month interest rate. Trial revealed no binding agreement for this rate leading to Swan's victory.