The Tribune

THE legal dispute between the millionaire Weissfisch brothers experienced another setback yesterday as the matter was adjourned to a date to be announced by the Court of Appeal.

The matter was expected to proceed yesterday. However, the original panel of judges was not constituted as one of the presiding judges, Justice Stanley John was not present because of sickness.

At the previous Court of Appeal hearing on May 9, November 12 was set for the parties involved in the dispute to have filed their submissions to the appellate court by early October.

The court dispute started in England in 2006 when Rami Weisfisch was accused by his younger brother, Amir Weissfisch of refusing to account for his partnership profits.

(The brothers spell their surnames differently. Rami Weisfisch dropped an ‘s’ from the family Weissfisch surname in spelling his own name).

Their firm, the Metals Resources Group, became a dominant force in the global cobalt market in London in 1999. The company closed in 2002.

However, the dispute began when Amir, who ran Metals Resources Group (MRG) with his elder brother Rami, claimed that Rami reneged on a plan to dissolve their partnership and is suing for up to $88 million.

Since 2006, claims and counter-claims were exchanged between the parties.

The Appeal Court will now announce a date for the continuation of the matter.