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WATERGATE WEST v. BARCLAYS BANK, S.A.

Nos. 99-CV-170, 99-CV-262.

759 A.2d 169 (2000)

WATERGATE WEST, INC., Appellant, v. BARCLAYS BANK, S.A., Appellee.

District of Columbia Court of Appeals.

Decided September 14, 2000.

Attorney(s) appearing for the Case

Frederic W. Schwartz, Jr., Washington, DC, for appellant.

Geoffrey Judd Vitt, with whom Eric D. Jones, Norwich, VT, was on the brief, for appellee.

Before STEADMAN, GLICKMAN, and WASHINGTON, Associate Judges.

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...

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