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Old 04-11-2008   #33 (permalink)
panamaoffshorelegal
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Quote:
Originally Posted by soltero View Post
That's your choice, of course. I hope it serves you well. But your post assumes that what Mr. Gordon did constitutes slander; that is yet to be determined by the courts. In addition, you left out the part that HSBC not only sued him for $5 million, they also froze the assets of a Panama Foundation that was not legally connected to Mr. Gordon. That's the part that has a number of ex-pats biting their fingernails, because they've been told for years that those trusts were protected and unassailable. HSBC just proved them wrong.
I'll grant that the Foundation assets being frozen is a disturbing event and that I hope his currently open appeal get's heard in the higher courts and that he wins... otherwise Panama and their courts are sending the wrong message. I guess we'll have to wait for the result.

My experiences with HSBC Panama have been nothing but positive.
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