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Jersey Case Law

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12 Mar 2014

Banking law [2014] JRC 065

Wallace and Richardson -v- Volaw Corporate Trustees Ltd, Stormex Holdings Ltd, Simon Halabi and Immofra SA

Wallace and Richardson -v- Volaw Corporate Trustees Ltd, Stormex Holdings Ltd, Simon Halabi and Immofra SA [2014] JRC 065 (12 March 2014)

The court entered judgment for IBRC’s liquidators against Stormex and Immofra for outstanding loan principal and accrued interest after the defendants failed to meet conditions to defend.

Loan recovery
Guarantee enforcement
Interest calculation
Costs orders
Loan-recovery
Guarantee-enforcement

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28 Jun 2013

Banking law [2013] JRC 133

Irish Nationwide Building Society -v- Volaw and Stormex and Halabi and Immofra

Irish Nationwide Building Society -v- Volaw and Stormex and Halabi and Immofra [2013] JRC 133 (28 June 2013)

The Royal Court of Jersey gave judgment for unpaid loan principal and part of the interest, and adjourned the balance of the interest claim on strict conditions.

Loan recovery
Guarantee enforcement
Interest calculation
Adjournment of proceedings
Legal representation
Loan-recovery

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Wallace and Richardson -v- Volaw Corporate Trustees Ltd, Stormex Holdings Ltd, Simon Halabi and Immofra SA

Irish Nationwide Building Society -v- Volaw and Stormex and Halabi and Immofra