Arbitral Digest

Matter

Inteco Beteiligungs AG v Sylmord Trade Inc

  1. 28 January 2013British Virgin Islands

    28 January 2013British Virgin Islands

    Default judgment of the Eastern Caribbean Supreme Court, High Court of Justice, Virgin Islands Commercial Division in claim BVIHCM (COM) 120 of 2012 dated 28 January 2013

    Eastern Caribbean Supreme Court, High Court of Justice, Virgin Islands Commercial Division

    Case no.
    BVIHCM (COM) 120 of 2012
    Citation
    Eastern Caribbean Supreme Court, High Court of Justice, Virgin Islands Commercial Division, default judgment entered 28 January 2013
    Decision summary
    The court entered default judgment for Inteco Beteiligungs AG against Sylmord Trade Inc for repayment of the loans, after Sylmord failed to acknowledge service or serve a defence.

    Supporting details

    2 participants
    Inteco Beteiligungs AG
    Sylmord Trade Inc
    Eastern Caribbean Supreme Court, High Court of Justice, Virgin Islands Commercial Division

    3 months and 11 days later · 101 days

  2. 9 May 2013British Virgin Islands

    9 May 2013British Virgin Islands

    Judgment of the Eastern Caribbean Supreme Court, High Court of Justice, Virgin Islands Commercial Division in claim BVIHCM (COM) 120 of 2012 dated 9 May 2013

    Eastern Caribbean Supreme Court, High Court of Justice, Virgin Islands Commercial Division

    Case no.
    BVIHCM (COM) 120 of 2012
    Citation
    Eastern Caribbean Supreme Court, High Court of Justice, Virgin Islands Commercial Division, judgment of 9 May 2013
    Decision summary
    The court dismissed Sylmord Trade Inc's application to set aside the default judgment entered after it failed to acknowledge service or serve a defence. It held that Sylmord had given no good explanation, had no real prospect of successfully defending the loan claim, and could not rely on the arbitration clause as an exceptional circumstance.

    Supporting details

    4 authorities · 8 participants
    Inteco Beteiligungs AG
    Representative
    Barbara Dohmann QC (For: Inteco Beteiligungs AG)
    Representative
    Arabella di Iorio (For: Inteco Beteiligungs AG)
    Sylmord Trade Inc
    Representative
    Stephen Moverley-Smith QC (For: Sylmord Trade Inc)
    Representative
    Jonathan Ward (For: Sylmord Trade Inc)
    Eastern Caribbean Supreme Court, High Court of Justice, Virgin Islands Commercial Division
    Other

    Authorities cited

    4
    • Civil Procedure Rules (CPR 13.3)
      procedural rule
    • Civil Procedure Rules (CPR 10.3(1))
      procedural rule
    • Austrian Code of Civil Procedure §§577–618
      code
    • Austrian Code of Civil Procedure §611(2)
      code

Matter record

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Inteco Beteiligungs AG v Sylmord Trade Inc · Matter