Swiss Adviser, Airline Settle Fee Dispute Over Sale

Law360, London (January 10, 2020, 1:20 PM GMT) -- A Swiss financial adviser has settled its suit at a London court with an airline that it claimed had failed to pay for help during a proposed buyout.

Barons Capital Partners SA and the airline, Blue Islands Ltd., which is based offshore in the Channel Islands, reached a settlement agreement in December, according to an order from Judge Mark Pelling posted publicly at the High Court on Tuesday.

“All further proceedings in this action be stayed upon the terms set out in the settlement agreement between the parties...except for the purpose of carrying such terms into effect,” the judge wrote.

Blue Islands...

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