The Miami Circuit Court in Florida has set aside its ruling for the freezing of the assets of former Eagle Group boss, Dr. Paul Chen-Young and stockbroker Hugh Croskery.

Mr. Croskery, chairman of Stocks and Securities Limited, a New Kingston brokerage known previously as Paul Chen-Young and Associates, was ordered to disclose other assets he holds on Chen-Young's behalf within 14 days.

This ruling was made on April 9.

However, in a ruling dated May 17, the court dissolved its ruling because the Jamaican Supreme Court lifted the stay of execution of a judgement against Chen-Young five days before the case was heard in Florida.

After eight years of litigation, on May 4 last year, the Jamaican court handed down judgement in favour of Eagle Merchant Bank and Crown Eagle Life - against their former CEO, Paul Chen-Young.

Both groups were failed entities that were rescued by regulators in the 1990s.

Chen-Young was earlier ordered to declare all his assets, and not to dispose of or deal with any of them without the court's approval.