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Caribbean-On-Line » Caribbean Travel News » Hotels » St. Kitts & Nevis » Court paves way for Four Seasons Nevis reopening

Court paves way for Four Seasons Nevis reopening

Interesting news from Nevis:

CHARLESTOWN, Nevis, Thursday May 13, 2010 - A US court ruling has brought an end to litigation that was aimed at driving the Four Seasons' Resort in Nevis into bankruptcy. The development paves the way for the property to be reopened by December.

The 196-room resort had been closed since October 2008 because of extensive damage from Hurricane Omar and then had bankruptcy proceedings filed against it in March by Capstead Mortgage Company, a lender to the resort's owners.

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