Having considered the submissions and the evidence presented by both parties, on 14 October 2019, the learned Judge made the following findings:
LAP and Mr. Garcia subsequently sought leave to appeal and stay pending the appeal on the basis that as jurisdiction is being challenged, the court, in refusing the stay would be forcing the appellant to submit to the jurisdiction.
On 29 October 2019, the learned Judge granted LAP and Mr. Garcia’s leave to appeal and their application for stay. As such, LAP and/ or Mr. Garcia need not make disclosure of the accounts relating to Reclaim pending the determination of the same by the Court of Appeal.
We are now waiting for LAP and Mr. Garcia’s appeal to be determined by the Court of Appeal.
© 2020 - Mon Jan 18 11:43:48 UTC 2021 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.