Mobile Menu
Offshore Cases

Dessarollo Inmobiliaro y Negocios Industriles De Alto Tecnologia De Hermissillo, S.A. DE CV. -v- Kader Holdings Company Limited [2013] SC (Bda) 54 Com (9 July 2013)

July 2013 Procedure

BERMUDA

SUPREME COURT

ENFORCEMENT OF FOREIGN JUDGMENT AT COMMON LAW – VOLUNTARY SUBMISSION TO JURISDICTION – GOVERNING LAW CLAUSE

By way of background, the Plaintiff issued a Writ of Summons seeking to enforce at common law an Arizona Superior Court money judgment entered in favour of the Plaintiff against the Defendant (“the Arizona Judgment”). The Plaintiff, a Mexican real estate development company, based its claim against the Defendant, a Bermudian company, on a guarantee entered into between the parties on 21 October 1992 (“the Guarantee”) under which the Defendant guaranteed the obligations of a Lease entered into between the Plaintiff and a third party on the same date and which was signed by the Defendant as Guarantor (the “Lease”).

 

To continue reading full articles in PDF format:
Dessarollo Inmobiliaro y Negocios Industriles De Alto Tecnologia De Hermissillo, S.A. DE CV. -v- Kader Holdings Company Limited [2013] SC (Bda) 54 Com (9 July 2013)

 

Accolades
_

"Few firms can come close to Conyers on one critical metric, and this is the breadth of the client base."
- IFLR1000