ON AUGUST 23, 2012 THE DISTRICT COURT APPROVED THE PARTIAL SETTLEMENT WITH LLOYDS OF LONDON AND CERTIFIED THE SETTLEMENT CLASS!
Charleswell vs. Chase Manhattan Bank, N.A., et al, D.Ct. V.I. Civ. No. 2001-119
If you were provided with insurance on your mortgaged property in the U.S. Virgin Islands as of September 15, 1995 through the Chase U.S.V.I. Property Insurance Program when Hurricane Marilyn struck, you may be a member of the Class who are entitled to receive payments from the partial settlement with the Underwriters at Lloyd’s of London which has been approved by the District Court of the Virgin Islands, Division of St. Thomas and St. John. See August 23, 2012 Order
THE CLASS is generally defined as those persons who had a mortgage on their homes or other real property in the Virgin Islands with Chase Manhattan Bank and who also had insurance on their homes through the Chase Manhattan Property Insurance Program and the policy issued by Lloyd’s of London on September 15, 1995, who sustained damage to their homes or other property when Hurricane Marilyn struck the Virgin Islands and who thereafter made a claim for damages they suffered from Hurricane Marilyn. The coverages that the policy that insured your property are generally described as “Additional Coverages” and “Reducing Coverages” which are more fully described in the August 23, 2012 Order and in the Notice of Settlement of Class Action and Hearing which you previously received.
If you believe you are a member of the class, please read the Notice of Settlement of Class Action and the August 23, 2012 Order which contain a more detailed description of the Class and your rights as a Class Member. Other important documents can also be found in the Important Documents Section of this website.
THE COURT HAS ORDERED THAT THE PROOF OF CLAIM FORM BE MAILED OUT TO EACH CLASS MEMBER AT THEIR LAST KNOWN ADDRESS BY SEPTEMBER 6, 2012
If you do not receive a Proof of Claim Form and you believe you are a member of the Class, please contact Class Counsel at our toll-free #: 877-372-2209
THE COURT HAS SET A BAR DATE OF FEBRUARY 27, 2013 FOR THE SUBMISSION OF ALL PROOF OF CLAIM FORMS. IF YOU DO NOT COMPLETE AND MAIL IN YOUR PROOF OF CLAIM FORM BY THAT DATE YOU WILL NOT BE ABLE TO MAKE A CLAIM OR SHARE IN DISTRIBUTIONS