3/26/2014
START DATE
END DATE
1-Apr-14
In the Matter of LAEP Investments Ltd
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
Supreme Court of Bermuda
COMMERCIAL COURT COMPANIES (WINDING UP)
Hellman J
John Wasty Henry Tucker
Delroy Duncan Nicole Tovey
FACTS OF THE CASE:
Dispute related to debt restructuring and obligations under debentures issued by a subsidiary enforcement of an arbitral award in Bermuda challenges to the award in Brazilian courts
SUMMARY:
Issues included the enforceability of the arbitration award application for stay of enforcement and grounds for winding up
OUTCOMES:
Ruling dismissed the company s summonses and prepared to make a winding up order
RULED IN FAVOUR OF:
Petitioner
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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