A number of local law firms are gearing up for a Supreme Court hearing on January 10 that involves $14 million held in an account in the name of Horizon Bank International Limited at Bermuda Commercial Bank. Earlier this year, the Supreme Court froze the account after BCB filed an Interpleader complaint for relief. Two separate groups have made conflicting requests concerning the account and have threatened to hold BCB responsible if they suffered losses from BCB's actions.

Canadians Allen Walsh and Hans Taal claim they are entitled to the monies by virtue of an alleged fraud perpetrated on them in Canada. Offshore Alerts says that Bahamas-based Britannia Group, represented by Trott and Duncan, has also written BCB to request the return of deposits totalling approximately $5 million, “most of which is apparently held on behalf of Britannia's clients.”

Lawyer Justin Williams has also launched action on behalf of his clients Transworld Management Consultants Corporation, International Monetary Resources Inc. and Four Square Partners Inc. and FX Bridge Ltd.