Court orders removal of Flow's $1.24M freeze on TelEm bank accountsPhoto: The Daily Herald
BusinessSt. Maarten

Court orders removal of Flow's $1.24M freeze on TelEm bank accounts

Source: The Daily Herald·6/30/2026·St. Maarten·1 min read

The Court of First Instance in St. Maarten has ordered the immediate lifting of prejudgment bank attachments placed by telecommunications company Flow on the bank accounts of the TelEm Group. The attachments, totaling approximately 1,238,806.96 Netherlands Antillean guilders, were secured by Flow in connection with a disputed debt. The court found that the freezing of TelEm's accounts had left the state-owned telecom provider effectively financially crippled, unable to conduct normal operations. The ruling represents a significant legal victory for TelEm, which had challenged the attachments as unjust given that the underlying debt remains in dispute. The decision does not resolve the broader financial dispute between the two telecom companies, but it restores TelEm's access to its funds while that dispute proceeds. The case highlights ongoing tensions between the two telecommunications operators in St. Maarten.

Key Facts
  • The Court of First Instance ordered the immediate removal of bank attachments Flow had placed on TelEm Group's accounts.
  • The disputed debt at the center of the case amounts to approximately 1,238,806.96 Netherlands Antillean guilders.
  • The court determined that the account freezes had left TelEm effectively financially crippled.
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