A recent court decision keeps the operations of the Horned Dorset Primavera hotel in Rincón in limbo and -at least according to one of the parties- the ruling puts at risk that both the Puerto Rico Tourism Company (PRTC) and the banks, among other creditors, will be able to recover the money owed.
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Creditors of the Horned Dorset hotel in Rincón may not get their money back
A superior judge in Aguada determined that the agreements signed between the inn and the real estate firm Lifeafar do not constitute a purchase and sale
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This content was published more than 3 months ago.