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Bermuda’s Minister of Tourism loses $2 million legal decision in US

Bermuda hotelier David Dodwell, who is also the island’s Minister of Tourism, has lost a legal decision in the US which may cost him $2 million personally and which also has jurisdictional implications for all offshore businessmen.
On August 4, 1998, the United States Court of Appeals for the Fourth Circuit reinstated a $2 million default judgment against Dodwell that had previously been granted in favour of plaintiff Lee N. Koehler and then quashed by a lower court in Maryland.