Quote:
Originally Posted by soltero
... HSBC just proved them wrong.
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HSBC's argument was that he was representing the Foundation when he made his negative comments and as such the Foundation is included in the lawsuit.
"... unless the plaintiff can show that the foundation itself (through its governing body) committed the tortuous act or that the person being sued engaged in fraudulent transfers of assets to the foundation...."
Whereas Mr. Gordon has a different viewpoint:
"Mr. Gordon's lawyers argue that he is only authorized to open bank accounts for the foundation, that anything he might have said as a private individual on the Internet was separate from and had nothing to do with the foundation, and that private interest foundations cannot be sequestered according to Panamanian law" .. from
Panama-guide
We'll see what the higher courts think, nothing has been proven up to this point either way.