Caribbean Resort Owner Facing $15M Claim Files Del. Ch. 11

By Jeff Montgomery · August 7, 2024, 5:08 PM EDT

A resort residence complex on the Caribbean island and British Overseas Territory of Anguilla, now facing a $15 million claim tied to an attack on the child of a guest family...

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Bankruptcy Scorecard

Summary

The operator of a luxury vacation resort on the island of Anguilla in the Caribbean filed for Subchapter V bankruptcy to sell the property to cover legal fees and a potential judgement connected to a New York state lawsuit.

Case Number

24-bk-11667

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$10 million to $50 million

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Documents

Related Sections

Case Information

Case Title

Cove Castles Development Corporation, Debtor

Case Number

1:24-bk-11667

Court

Delaware

Nature of Suit

Date Filed

August 06, 2024

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