Waterloo’s Attorney Speaks on Stake Bank Matter Being Tossed Out

Hector Guerra

Appearing on behalf of Waterloo and two other interested parties was Marine Parade Chambers. Senior Counsel Godfrey Smith and Hector Guerra were also in court today. Following the ruling, attorney Guerra spoke with the media via Zoom.

Hector Guerra, Attorney-at-law

“The A.G. filed a claim to strike. Our clients, Waterloo, along with our other clients and Portico also filed an application to strike, but because the government is the substantive defendant in this matter, they were allowed to move their application and the interested parties which included Portico and Waterloo were given permission to buttress the government’s arguments in terms of the strikeout application that was being moved by the government. In its reasoning the court carefully detailed the fact that the rules as they now stand do not permit, do not grant the court the discretion to extend the period and so really, it’s a really strict rule but, nonetheless, it’s a rule that’s in application today and that should be complied with.”