Endless Service Ltd.

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    Allegations

    Lender & developer of Ritz-Carlton, Grand Cayman settle litigation

    Two lawsuits brought by the lender-turned-owner of The Ritz-Carlton, Grand Cayman against the property's developer, Michael Ryan, in 2012 have been settled. Both actions were dismissed by mutual consent at the Grand Court of the Cayman Islands on December 20, 2013.

    RC Cayman Holdings LLC et al v. Michael Ryan et al: Dismissal Order

    Consent Order of Dismissal in RC Cayman Holdings LLC Cesar Hotelco (Cayman) Ltd., Cesar Properties Ltd., Condoco Grand Cayman Resort Ltd., Condoco Properties Ltd., and Endless Service Ltd. v. Michael Ryan, Orion Developers Ltd., Deckhouses Construction Company Ltd., I.R.R. Limited, Endless Service Management Ltd., and BlueTip Watersports Ltd.,  at the Grand Court of the Cayman Islands.

    Cesar Hotelco (Cayman) Ltd. et al v. Michael Ryan et al: Order on Preliminary Issues

    Order on Preliminary Issues in Cesar Hotelco (Cayman) Ltd., Cesar Properties Ltd., Condoco Grand Cayman Resort Ltd., Condoco Properties Ltd., and Endless Service Ltd. v. Michael Ryan, Orion Developers Ltd., Deckhouses Construction Company Ltd., IRR Limited, Endless Service Management Ltd., and BlueTip Watersports Ltd. at the Grand Court of the Cayman Islands.

    Ritz-Carlton, Grand Cayman’s balance sheet shows insolvency of $340 m, court told

    The Ritz-Carlton, Grand Cayman development appears to be insolvent by at least US$340 million, developer Michael Ryan and one of his many firms took out more than US$44 million from 2005 to 2012 in circumstances that are under investigation, and the "best hope" for unsecured creditors is a dividend of 2.5 cents on the dollar, according to information in a court ruling issued yesterday.

    Cesar Hotelco (Cayman) Ltd. et al v. Michael Ryan et al: Ruling on Indemnity & Security for Costs

    Ruling on Indemnity & Security for Costs in Cesar Hotelco (Cayman) Ltd., Cesar Properties Ltd., Condoco Grand Cayman Resort Ltd., Condoco Properties Ltd., and Endless Service Ltd. v. Michael Ryan, Orion Developers Ltd., Deckhouses Construction Company Ltd., I.R.R. Ltd., Endless Services Management Ltd., and BlueTip Watersports Ltd. at the Grand Court of the Cayman Islands.

    Cesar Hotelco (Cayman) Ltd. et al v. Michael Ryan et al: Order Refusing Defendants’ Costs Security Application

    Order Refusing Defendants' Costs Security Application in Cesar Hotelco (Cayman) Ltd., Cesar Properties Ltd., Condoco Grand Cayman Resort Ltd., Condoco Properties Ltd., and Endless Service Ltd. v. Michael Ryan, Orion Developers Ltd., Deckhouses Construction Company Ltd., IRR Limited, Endless Service Management Ltd., and Bluetip Watersports Ltd. at the Grand Court of the Cayman Islands.

    Cesar Hotelco (Cayman) Ltd. et al v. Michael Ryan et al: Consent Order

    Consent Order in Cesar Hotelco (Cayman) Ltd., Cesar Properties Ltd., Condoco Grand Cayman Resort Ltd., Condoco Properties Ltd., and Endless Service Ltd. v. Michael Ryan, Orion Developers Ltd., Deckhouses Construction Company Ltd., I.R.R. Limited, Endless Service Management Ltd., and BlueTip Watersports Ltd. at the Grand Court of the Cayman Islands.

    Cesar Hotelco (Cayman) Ltd. et al v. Michael Ryan et al: Writ of Summons

    Writ of Summons in Cesar Hotelco (Cayman) Ltd., Cesar Properties Ltd., Condoco Grand Cayman Resort Ltd., Condoco Properties Ltd., and Endless Service Ltd. v. Michael Ryan, Orion Developers Ltd., DeckHouses Construction Company Ltd., I.R.R. Ltd., Endless Service Management Ltd., and BlueTip Watersports Ltd. at the Grand Court of the Cayman Islands.