Canadian Court dismisses case brought against Antigua By Half Moon Bay Holdings

8
Hotel will sit on the famous HMB beach

HMB Holdings again failed in the Courts yesterday to frustrate the development of the Half Moon Bay resort, one of the prime tourism resort locations in Antigua and Barbuda.

The Honourable Justice Paul Perell of the Ontario Superior Court in Canada dismissed outright a case brought by HMB Holdings against the Government of Antigua and Barbuda, and awarded costs amounting to sixty-five thousand, seven hundred and seventy Eastern Caribbean dollars.

HMB Holdings initiated the case against the Government of Antigua and Barbuda in the Ontario Superior Court Canada in May 2018, seeking monies that are still in dispute in a judicial proceeding before the Eastern Caribbean Supreme Court.

In May 2014, the Privy Council in England fixed compensation for the Government’s 2007 acquisition of the property at Half-Moon Bay at US$26.6 million. Between 2015 and 2017, the Government paid HMB Holdings more than US$23.8 million, even though the property had been abandoned by HMB Holdings since 1995, depriving the country of a resort on one of its most attractive tourism locations.

Even though a dispute over the sum due to HMB holdings, under a complex financial formula, is under review in the Eastern Caribbean Supreme Court, the company initiated its action first in the Court in British Columbia, the headquarters of Replay Resorts to which the Antigua and Barbuda Government sold the half moon bay property in December 2015, and then in the Superior Court in Ontario.

In a detailed 16-page judgement, delivered on March 4th, in Ontario, the Honourable Justice Paul Perell agreed with the Government of Antigua and Barbuda’s motion to strike out the case and dismissed the case brought by HMB holdings, awarding the government full costs.

Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Antigua!
We offer fully customizable and flexible digital marketing packages.
Contact us at [email protected]

8 COMMENTS

  1. It feels good to see the government win again in court, after the UPP lost nearly every case under Justin and cost us lots of legal fees and penalties. The APC case the biggest so far.

  2. Congrats to the governments in their persistence with this case over the years and hurrah to that judge who apparently saw through the greed, selfishness and ungratefulness of those people.
    You want fu tell me dat dem people, although Papa Bird gee dem arl dat land fu nex to nuting and furdder moe, widout any stipulation, afta den dem meck dem fartune an harricane mash downe dem place so dem abandon it fu YEARS, Zdem no sattisfy,dem till carrie arlwe to de courts and de cleanna!!??
    Harrah fu sensable people.
    What a set a wicked people!!!
    But you see wa arlwe mean wen we tell de government tap give dem investas harse, kart and driber carse fu dem one inch a de whole hag?
    But do they listening or care for us??

Comments are closed.