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Judgement goes to Hall in Wilson case

The Supreme Court has yet to assess the full extent of damages, but Mr. Hall believes he is owed at least $375,000.

Cablevision president Mr. Gavin Wilson.

The Supreme Court has yet to assess the full extent of damages, but Mr. Hall believes he is owed at least $375,000.

Mr. Wilson's lawyer, Mr. David Cooper, of Hallett, Whitney & Patton, said: "We've applied to set aside the judgment.'' The judgment, issued on October 28, is an offshoot of an earlier lawsuit which Mr. Hall successfully brought against Mr. Wilson, the Bank of Butterfield and Bermuda Cablevision.

As a result of that action earlier this year, Mr. Wilson was required to hand over 50,000 shares owed to Mr. Hall for legal work he had done for Cablevision several years previously.

Mr. Hall then sued Mr. Wilson for "breach of trust'', claiming damages for the alleged wrongful retention of his shares and for his entitlement to dividends.

Mr. Hall claims he lost $375,000 by having to sell his interest in his shares in December, 1992, earlier than he would have liked so he could prevent his bankruptcy by the Bank of Butterfield, which was owed around $125,000.

The amount Mr. Hall received for his shares was approximately the same as he owed the bank.

Mr. Hall claims that if he had not been forced to sell his stake prematurely, his shares would have been worth around $500,000.

He calculates this amount by valuing Cablevision's shares at $10 each, which some observers believe is their real worth if an agreement sending 60 percent of Cablevision's annual profits to an American interest is proved to be illegal.

Mr. Hall was also pursuing the case against the Bank of Butterfield and Cablevision, but they were struck out of the case. He was also seeking damages against them for hurting his reputation.