Wednesday, February 3, 2010

Abrupt Closure of Sun Village Resort and Bungalows September 2009

In September 2009 The Sun Village Resort and Bungalows was abruptly closed. The Elliott Group strongly opposed the decsion to close the resort property and cited the damages that would follow in the tens of millions of dollars.

The closure was the result of several months of litigation, defamation and interference with contractual relations orchestrated by James Catledge, CEO of the Impact Companies , Klaus Hofmann and the Aguilar (Impact Agents) Plaintiffs. Together with their lawyers, they abused process and misrepresented to the courts in Florida, Turks and Caicos Islands and the Dominican Republic.

The motivation for the destruction was simply to deflect the severe liability that Catledge and the Impact agents had made by affirmative and fraudulent representations and providing false documentation to the Elliott Companies and their attorneys that appeared to show that Catledge and the Impact agents did have valid state and federal regulatory licenses when, in fact, they did not.

Catledge and Impact were fired and removed from Sun Village in June of 2008.


Catledge was paid over $40M which included pre-paid commission on notes due from purchasers in the amount of $36M which was never collected by Sun Village. His goal was to strip as much money from the company as possible and then leave it vulnerable to him and his partners. Sun Village Cofresi and Juan Dolio are not the only product or property that has suffered from James Catledge. He has done this before and may still be operating under the same motives elsewhere.

Following the termination of Catledge and Impact, the Elliott Group served him with a demand letter on October 17, 2008. It was at this time that James Catledge with Richard Smith from Utah formed the "ECC" and Hired Michael Diaz and Hilda Piloto to execute what would be a litigation strategy of lies, defamation and the goal of destruction.

Demand letter from the Elliott Group to James Catledge/Impact on October 17, 2008.
http://www.scribd.com/doc/26441962

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