HIGH COURT IN NEVIS ATTEMPTS TO EXECUTE ON $85.1m JUDGMENT AGAINST HAMILTON RESERVE BANK

Our sources in Nevis report that yesterday, Baliffs acting on behalf of the Hight Court, and pursuant to a writs issued in accordance with the $85.1 Omnibus Judgment entered against Hamilton Reserve Bank on September 15, 2026, entered the bank's physical premises, in an attempt to levy on assets, and recover for the outstanding judgment. The High Court had ordered that the judgment was required to be paid in full, no later than October, 29, 2026.
We are advised that they seized a motor vehicle owned by the bank, and were told that the other bank vehicles were in Saint Kitts. There is no further information available, regarding what other assets, if any, were seized or detained.