Regulatory Legal Solicitors have seen much comment and speculation about the litigation issued at the High Court in Birmingham last week.
The case was brought on behalf of 10 individuals under case reference 3BM30141 on Wednesday 6th March 2013. Within the substantive proceedings an application for a freezing order was made. The freezing order application was listed on the 7th March 2013 at 2pm.
The judge postponed the hearing of the application until the 14th March 2013. The Claimants asked for an interim order for 7 days until the hearing on the 14th March 2013. This interim application was not granted by the court. The parties reached an agreement on the 8th March 2013. The terms of the settlement are confidential. Procedurally, the Claimants lawyers will appear before the court on the 14th March 2013 to obtain an order from the court finalising proceedings.
“We have seen significant comment on this matter, most of which is wrong. This is of no benefit to us, Harlequin or those reading the inaccuracies. “
“This statement sets out the procedural position. We have no further comment on this matter”
Barbados Free Press received the above from Gareth Fatchett on Monday March 11, 2013.