Guyana’s High Court has awarded Eureka Medical Laboratories Inc (EML) a $62.4 million judgment against United States offshore medical provider, RemoteMD LLC, after that company packed up business here and filed for bankruptcy in its home country, leaving over $100 million owed to locals for the third party services it received.
Presiding judge, Gino Persaud, made the judgment against the respondent for the sum of $62,403,477 as monies “due and owing by the Respondent to the Applicant,” court documents obtained by the Sunday Stabroek show.
Justice Persaud also awarded interest “at the rate of 6% per annum from the 25th July 2020 to the date of the judgment and thereafter at the rate of 4% per annum” in addition to fixed costs of $50,000.
