Watergate West, Inc. v. Barclays Bank, S.A.
District of Columbia Court of Appeals
1Opinion of the Court
STEADMAN, Associate Judge:
This is the third and hopefully final appeal adjunct to litigation arising out of a long-ago defaulted European loan. It pits Watergate West, Inc., a cooperative corporation (“Watergate”), against Barclays Bank, S.A. (“Barclays”). Barclays, which made the loan, is a judgment creditor of a married couple, Basil and Laura Tsakos (“Tsakos”), who guaranteed the loan. Barclays is seeking to satisfy the judgment out of the proceeds of the resale of a leasehold interest in a cooperative apartment formerly held by the Tsakos in the Watergate complex. Watergate is seeking to…
2Cases cited18 opinions
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- Pollard v. American Freehold Land Mortgage Co. of LondonSupreme Court of Alabama · 1903
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