Who Will Win Cox v Knox Lawsuit? That’s Not The Point!
We really do appreciate hearing from both sides of the Cox v Knox lawsuit not to mention a lot of other observers. If the case is being fought with as much gusto in court as it is in our comments section, then it will make for some thrilling court moments for those who are into that sort of thing.
We even heard from a British lawfirm voicing its opinion on who should win. A British lawfirm? Egads, everyone is watching (did we say Harvard has already contacted us?)!
But that’s not what it is all about, is it? While we know some people have an interest in the outcome of the case, Barbados Free Press is looking at the bigger picture; the picture that counts to the local and foreign investment community.
Mia Mottley To Speak To Canadian Investors
Our very own Mia Mottley is going to give the keynote speech in Toronto later this month at an event sponsored by the Barbados Investment & Development Corporation. The conference is called “ Government’s Policy on Welcoming International Investment”, and she is going there to talk Canadian investors, who can put their money wherever they wish, into investing in our beloved country.
And, Mia, we sure you are going to tell these investors the answers to the questions they will be asking…
* What are the tax implications of having my money in Barbados and also of getting money in and out of Barbados.
* How stable is the currency?
* When issues arise, as they invariably do, how can I be sure they will be resolved quickly and fairly? Tell me about some investors in and out of Barbados who had problems and how they were fixed.
* Are the Barbados Courts fair, reliable and reasonably quick?
* Are the Business Investment Treaties and the dispute resolution functions in good working order? Please supply us with statistics and examples.
After all, folks, international investors can do what they want with their money – and they didn’t get their money by blindly trusting everyone with a smile and a friendly handshake.
We hope Mia is well prepared for the types of hardball questions that investors tend to ask – because the friendly speech and a smile count for very little without our country’s foundation of professional integrity and the effective rule of law.
International Investors Watching Barbados Court Case
Which brings us back to Cox v Knox. Investors in Canada and elsewhere are watching this case because it will answer the question: “When there are corporate and oppression issues to be resolved in Barbados Courts will there be a full, fair and expeditious hearing?”
Because the sections of the Companies Act are involved that have never been examined before we are all watching and look forward to saying with pride: “Barbados Courts do the right thing, no matter if you are a Bajan or a foreigner and never mind who has more money or “knows the Chief Justice” (which we have heard lately).
We salute Mia Mottley and the Barbados High Court and say: “Do us Proud”