Reserve Study Findings Reveal Systemic Infrastructure Negligence by CDAL

Introduction

Two key documents shine a spotlight on the deteriorating state of Jolly Harbour's critical infrastructure and Caribbean Developments (Antigua) Limited (CDAL)'s alleged mismanagement:

• The "FULL RESERVE STUDY" by Reserve Advisors, LLC (revised July 7, 2022), which warns of long-term under-maintenance of roads, sewage, water lines, electrical systems, seawalls, and more.
• An additional July 2022 report calculating a US$62.3 million repair backlog over 30 years, also attributing major infrastructure failures to CDAL's protracted negligence.

Taken together, these findings demonstrate how CDAL failed to maintain adequate reserves or keep up with mandatory upkeep—effectively creating a multi-million-dollar crisis. Drawing on Antiguan property law and established British legal precedents, freeholders have strong legal grounds to hold CDAL liable for extraordinary repair costs arising from its own negligence.

Note: For specific case citations and legal precedents, please contact legal -at- jollyharbour -dot- org.