Parris made to wait some more

It’s more waiting for former CLICO executive chairman Leroy Parris and his legal team after the High Court today delayed judgment on his legal challenge to a debt payment.

Parris and his lawyers Vernon Smith, QC, and Hal Gollop, QC, have been asking the court to reverse an earlier ruling, which ordered the insurance executive to refund CLICO $3.3 million.

The CLICO judicial manager Deloitte, which filed the challenge against Parris, has alleged that the former insurance executive obtained the money from the company he once led, in breach of trust and fiduciary duty.

All parties to the hearing appeared in the High Court this afternoon for close to four hours arguing their respective cases.

However, there was no conclusion to the matter and the sides will have to return to court next Tuesday, when, according to a senior attorney involved, it will hopefully be concluded.

The CLICO Judicial Manager is being represented by legal counsel Ramon Alleyne.

One Response to Parris made to wait some more

  1. Sunshine Sunny Shine March 22, 2016 at 5:11 am

    Parris obtained the money through a breach of trust and fiduciary duty. Why is still free to walk and go as he please in Barbados when it is clear that his riches could have obtained by a breach of trust of fiduciary duty-

    Reply

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