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Thursday, August 21 2014 @ 10:05 AM EDT

Playa Bonita Concession in Legal Limbo

HotelsPlaya Bonita, a luxury hotel built on the banks of the Panama Canal on the Pacific side, could be in the midst of a profound legal limbo. The Office of Administration issued their opinion, in which they ask the Third Division of Administrative Litigation in the Supreme Court to declare "illegal" the contract for the development, leasing and investment number 40-2003. The agreement was signed on June 17, 2003 between the then Interoceanic Region Authority (ARI) and the company Paradise Beach Corporation.

It turns out the contract supporting the construction of the Playa Bonita hotel was sued by Desarrollo Urbanístico del Atlántico, S. A., the consortium that competed against Paradise Beach Corporation for the concession in the lush coast of Veracruz. As a result of legal actions taken by the losing consortium, on 22 February 2008, the Third Board outlawed the resolution that awarded the grant. By then the hotel was a stunning and luxurious building that had changed the name from Kobee to Playa Bonita.

Based on that ruling of the Third, the plaintiffs filed a motion to vacate. Acting as prosecutors in the case, the prosecutor of the administration issued their opinion in this case, asking for the contract to be declared as illegal. (Estrella)

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