Judge favours family in HSBC loan dispute | The Royal Gazette:Bermuda News

admin

The potential sale of a family home has been halted after the Court of Appeal found a bank had not done enough to protect its owners.HSBC Bermuda had sought to sell the Warwick home, which was put up by father and son Keith James and Keimon Lawrence as collateral so a friend could buy a business.But Sir Christopher Clarke, the President of the Court of Appeal, said that the bank had not done enough to protect itself from the risk that Mr James had “undue influence” over his son.Sir C
Next Post

Burt report card: praise for works, security | The Royal Gazette:Bermuda News

David Burt praised one of his Cabinet members for addressing long-running problems that had plagued his ministry.The Premier said the Minister of Public Works, Lieutenant-Colonel David Burch, had “inherited a ministry that was debilitated in many areas” after the Progressive Labour Party returned to power in July 2017.Mr Burt said: […]