Orange Limited v. Sabana Holdings Ltd.: CDAL's Sale Dispute

Financial Calculations and Working Capital Dispute in CDAL's Share Purchase Agreement

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Disclaimer: This article is for informational purposes only and does not constitute legal advice. For specific guidance on your situation, please consult an attorney qualified to practice in Antigua and Barbuda.

Court Documents

Access the official court documents and filings:

Download Court Filing (PDF)

View the case on the Eastern Caribbean Supreme Court website:

Official Court Case Page →

Case Overview

Court Information:

  • Court: Eastern Caribbean Supreme Court (Antigua and Barbuda)
  • Division: High Court of Justice (Civil Division)
  • Claim Number: ...
  • Hearing Dates: May 31, 2024; June 28, 2024

Parties Involved:

  • Claimant: Orange Limited
    • Represented by: Ms. Andrea Smithen-Henry and Ms. Chantal Marshall
  • Defendant: Sabana Holdings Ltd.
    • Represented by: Mr. Anthony Astaphan SC, Dr. Errol Cort, and Ms. Claneisha Gomes
  • Interested Party: Caribbean Developments (Antigua) Ltd. (CDAL)

Summary

This legal case is significant because it reflects CDAL's financial and management practices, their interaction with contractual obligations, and potential implications for stakeholders like freeholders. Monitoring the outcomes and ensuring CDAL remains accountable in Jolly Harbour would be advisable. If concerns about financial transparency or service quality arise, you may wish to explore collective action with other freeholders or seek legal guidance.

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