The mission of the Connecticut Judicial Branch is to serve the interests of justice and the public by resolving matters brought before it in a fair, timely, efficient and open manner.

Business Law Supreme Court Opinion

by Oumano, Emily

 

SC20647 - Deutsche Bank AG v. Sebastian Holdings, Inc. (“The plaintiff, Deutsche Bank AG (Deutsche Bank), brought this action against the defendants, Sebastian Holdings, Inc. (SHI), and Alexander Vik, SHI’s sole shareholder and director, seeking, inter alia, to enforce an approximately $243 million foreign judgment (English judgment) against Vik. Following a five day trial to the court, the trial court denied Deutsche Bank’s requested relief and rendered judgment in favor of the defendants. On appeal, Deutsche Bank claims that the trial court improperly declined to pierce SHI’s corporate veil and to hold Vik jointly and severally liable with SHI for the English judgment. We disagree and affirm the judgment of the trial court.”)