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Cap Juluca and Charles Hickox settle longstanding litigation

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(The Valley, Anguilla) - A letter from, Adam Aron, Chairman and CEO of Cap Juluca Properties Ltd, sent to the Hon. Chief Minister and Minister of Finance and Tourism of Anguilla, Hubert Hughes, states clearly that the longstanding litigation between Cap Juluca and Charles Huckox has been formally settled.

The Correspondence reads as follows:

 
“It is with great relief that I advise the Government of Anguilla that the longstanding litigation between Cap Juluca and Charles Hickox has been formally settled. Mr. and Mrs. Hickox and I signed a settlement document a few minutes ago.

This finally gives Cap Juluca the opportunity to move forward with its business plan without the cloud of litigation hanging over its head.

This settlement dramatically increases the job security of more than 350 Anguillian Julucans, and also strengthens the job security for all Anguillans. Indeed anyone participating in the Anguillan economy will benefit from a stronger more secure Cap Juluca.

I would not be in a position to provide you this welcome news if the Government of Anguilla had not embraced the new Memorandum of Understanding, which was signed less than 60 days ago as you know.  So, this positive outcome is the direct result of actions taken by your Government.

For that support, I both congratulate you and thank you for your wisdom and confidence in allowing Cap Juluca to move forward with our ambitious but prudent plans.

 Respectfully submitted,

Adam Aron

Chairman and CEO

Cap Juluca Properties Ltd.” 

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