In this case, Fifth Street Finance v D Dobbin  SC (Bda) 55 Com (313 KB PDF), Alan Dunch and Tim Frith of MJM acted on behalf of Fifth Street Finance Corporation in the recovery of $4,000,000 as money due under a Guarantee and Indemnity Agreement dated September 28th, 2009. The principal debtor whose debts were guaranteed by the Defendant was a Canadian company Repechage Investments Limited as assignee of pre-existing liabilities under a 2007 credit agreement owed by two of Repechage Investment Limited’s subsidiaries, Elephant & Castle Group Inc. (a Canadian corporation) and Elephant & Castle Inc. (a Texas corporation). The Elephant & Castle Group operated and franchised British style pub restaurants in the United States and Canada, however the group collapsed in 2011 and Repechage filed a voluntary bankruptcy petition in the United States Bankruptcy Court for the District of Massachusetts.
As a firm that is committed to the professional development of its attorneys, MJM Limited offers its attorneys an internal professional development program. The program is designed to equip MJM attorneys with knowledge and information about relevant and developing areas of law so that they stay current with legal developments. Presentation topics typically cover the areas of interest and practice of the firm’s attorneys.
For this year, internal presentations have been made in the following areas: insurance, telecommunications, corporate meeting and governance procedure, insolvency, employment and the legislative process in Bermuda.
[caption id="attachment_264" align="alignleft" width="100"] Kimberley D. Caines[/caption]MJM’s Kimberley Caines has been recognized as a “Rising Star” in the Fall issue of the Bermudian magazine. The feature is called Rising Stars: Nine shining Gen-Yers who have set their sights high in the business world and are...
Senior Associates Brian Holdipp (Corporate) and Tim Frith (Litigation) attended the International Bar Association’s annual conference in Boston this month.
The International Bar Association, established in 1947, is the world's leading organisation of international legal practitioners, bar associations and law societies with a membership of more...
MJM Limited announced last week that it will host Insuralex, a worldwide network of independent insurance and reinsurance lawyers dedicated to the insurance and risk management communities, in Bermuda from November 6–9 for its Mid-Year Meeting.
MJM is the Bermuda member of Insuralex and this is the first time that the meeting has been hosted in Bermuda.