East Farthing Holdings Limited

Walkers law firm in the Cayman Islands has successfully appealed a summary judgment that was entered against it in favor of former clients - two Brazilian bankers and related companies - who are seeking damages of up to $400 million for alleged breaches of trust, loyalty, and confidence.

Judgment allowing Cayman Islands law firm Walkers' appeal against summary judgment that was previously obtained by two Brazilian bankers and related companies in Walkers v. Arnage Holdings Limited, Brooklands Holdings Limited, East Farthing Holdings Limited, Katia Rabello, and Fernando Toledo at the Court of Appeal of the Cayman Islands.

Ruling on the Defendant's Applications for Leave to Appeal and Security for Costs in Arnage Holdings Limited, Brooklands Holdings Limited, East Farthing Holdings Limited, Katia Rabello, and Fernando Toledo v. Walkers, a Cayman Islands law firm, at the Grand Court of the Cayman Islands.

Brazilian bankers Katia Rabello and Fernando Toledo and related companies have obtained summary judgment in the Cayman Islands against major offshore law firm Walkers and will ask the court to award damages of up to $400 million, the plaintiffs' lead attorney has announced.

News Release by Cayman Islands law firm Etienne Blake regarding summary judgment at the Grand Court of the Cayman Islands for their clients, Katia Rabello, Fernando Toledo, Arnage Holdings Ltd., Brooklands Holdings Ltd., and East Farthing Holdings Limited against Walkers law firm.

Judgment in Arnage Holdings Ltd., of the Cayman Islands; Brooklands Holdings Ltd., of the Cayman Islands; East Farthing Holdings Limited, of the Cayman Islands, Katia Rabello, of Brazil, and Fernando Toledo, of Brazil v. Walkers, a Cayman Islands law firm, at the Grand Court of the Cayman Islands.

Judgment on Application to Strike Out Plaintiffs' Claim in Arnage Holdings Ltd., Brooklands Holdings Ltd., East Farthing Holdings Limited, Katia Rabello, and Fernando Toledo v. Walkers at the Grand Court of the Cayman Islands.

Writ of Summons in Arnage Holdings Ltd., Brooklands Holdings Ltd., East Farthing Holdings Limited, Katia Rabello, and Fernando Toledo v. Walkers law firm at the Grand Court of the Cayman Islands.