Supreme Court strikes out 27-year-old claim against Bahamian private bank

2026-03-25 - 08:21

NASSAU, BAHAMAS- The Supreme Court has dismissed a 27-year-old claim brought by a U.S.-based insurance fund (in receivership) against a Bahamian private bank, ruling that the case was marked by inordinate and inexcusable delay, abuse of process, and a lack of any reasonable grounds for proceeding. The claim, filed in 1998 by the Florida Employers’