Ebullio Head No-Show for Trial, £100k Judgement

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Ebullio Head No-Show for Trial, £100k Judgement

Postby kreslik.news » Wed Jun 08, 2016 7:04 am

A judge ordered that Lars Steffensen, Founder and Managing Partner of Ebullio Capital Management, pay a former Partner and employee some £86,000 in outstanding severance payments and about £14,000 for costs of litigation.

Steffensen failed to appear for the trial, and evidence was presented that he had been notified.
It’s been a long, expensive road to get to this point…

Because Steffensen did not appear to present his case, the judge found for the claimant in a 20-minute hearing, which had been scheduled to last a full day.

Judge Heather Baucher said: “Having not attended the trial, and the court being satisfied that he ... (read more)

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