Barclays Business Credit, Inc. v. Four Winds Plaza Partnership
District Court, Virgin Islands
1Opinion of the CourtBrotman, Judge
This is an action for recovery on a debt. On July 2, 1996, upon motion of plaintiff Barclays Business Credit, Inc. ("Barclays"), the Court issued a Temporary Restraining Order ("TRO") which enjoined defendants' use of settlement proceeds that defendant Four Winds Plaza Partnership ("Four Winds") reportedly received in another litigation (the "Settlement Proceeds"). Before the Court presently is Barclays' motion for a preliminary injunction continuing restraints with regard to the Settlement Proceeds. For the reasons stated below, the Court denies Barclays' motion.
I. FACTUAL BACKGROUND
In 1993,…
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