In the matter of the Brazilian Trust [2018] JRC 032 (7 February 2018)
Court ordered disclosure conditional upon representors giving an undertaking in damages to Jersey Home Loans, as protection for innocent third parties outweighs judgment creditor's risk assessment; representors to pay Jersey Home Loans' legal costs of summons on standard basis and legal/administrative costs of compliance on indemnity basis.
- Citation
- [2018] JRC 032
- Parties
- Applicant: First Representor; Applicant: Second Representor; Party Cited: Jersey Home Loans Limited; Respondent: Third Respondent
- Jurisdiction
- Jersey
- Judgment Date
- 07 February 2018
- Procedural Posture
- Application to Amend Representation and for Disclosure Order / Post Judgment Enforcement
- Outcome
- application granted with conditions
- Legal Topics
- Third Party Disclosure, Undertaking in Damages, Costs Assessment
Case Brief
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Parties
First Representor
Applicant
Second Representor
Applicant
Jersey Home Loans Limited
Party Cited
Third Respondent
Respondent
Procedural Posture
Application to Amend Representation and for Disclosure Order / Post Judgment Enforcement
Legal Issues
- 1 Should representors give an undertaking in damages to Jersey Home Loans as a condition of disclosure order?
- 2 What costs should Jersey Home Loans recover in relation to the disclosure order?
Ratio Decidendi
Court ordered disclosure conditional upon representors giving an undertaking in damages to Jersey Home Loans, as protection for innocent third parties outweighs judgment creditor's risk assessment; representors to pay Jersey Home Loans' legal costs of summons on standard basis and legal/administrative costs of compliance on indemnity basis.
Court Disposition
application granted with conditions
Orders
- Amendment to representation allowed to bring in Jersey Home Loans as party cited.
- Disclosure order made conditional upon representors giving undertaking in damages to Jersey Home Loans.
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