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THE High Court has ruled that a long-standing claim for unpaid commissions and pensions against Colonial Life Insurance Co (Trinidad) Ltd (Clico) will proceed in court rather than through arbitration.
Justice Ricky Rahim delivered the decision on July 25, holding that fairness now outweighs the insurer’s request to send the matter back to arbitration.
Myron Rudder, trading as Myron Rudder Agency, and Barbara Kanhai, trading as St Clair Financial Services, allege they are owed significant sums dating back over 12 years, a period marked by legal stalemate and regulatory intervention.
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