CJ to rule
CHIEF JUSTICE Sir Marston Gibson is expected to decide today whether to lift the trading ban on the shares of BHL, the local producers of beers, juices and milk.
After hearing from four lawyers for nine hours in the No. 1 Supreme Court yesterday, Sir Marston adjourned the hearing of the injunction that halted trading of company shares last week.
Last night battle-weary lawyers emerged from the court after 8, with Queen’s Counsel Barry Gale saying it would resume at 11 a.m. today and that the court had promised to have the matter expedited.
The court case stems from last month’s attempted buyout of BHL by SLU Beverages Ltd – the St Lucia-registered holding company owned by Latin American brewery conglomerate AmBev, which acquired a number of BHL shares.
Please read the full story in today’s Weekend Nation, or in the eNATION edition.