Allegations dropped against Walter Stipa and his Entities

The Royal Gazette, a Bermudian English-language daily newspaper, published a news on December 3 of 2015 indicating that the allegations against Walter Stipa and his entities were dropped.


Below quote from the news:

"However according to Connecticut court documents dated November 30, lawyer Ona Wang voluntarily dismissed the defendants.

In a separate letter, the lawyer explained: “The receiver’s actions against Mr Stipa and the entities were voluntarily dismissed with prejudice with no party being deemed a prevailing party under any contract or statute for any purpose. Consequently, the receiver has no claims against Mr Stipa or any of the entities." 

Below link to the news:





News The Royal Gazette - Walter Stipa lawsuit dismissed