Hotel on the Cay Time-Sharing Association, Inc. v. Government of the Virgin Islands

CourtSuperior Court of The Virgin Islands
DecidedOctober 7, 2021
DocketSX-12-CV-13
StatusPublished

This text of Hotel on the Cay Time-Sharing Association, Inc. v. Government of the Virgin Islands (Hotel on the Cay Time-Sharing Association, Inc. v. Government of the Virgin Islands) is published on Counsel Stack Legal Research, covering Superior Court of The Virgin Islands primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hotel on the Cay Time-Sharing Association, Inc. v. Government of the Virgin Islands, (visuper 2021).

Opinion

PS THE SUPERIOR COURT OF THE VIRGIN ISLANDS

FILED

Cctober 97, 2021 01:19 PM SX-2012-CV-00013

TAMARA CHARLES IN THE SUPERIOR COURT OF THE VIRGIN ISLANDS CLERK Op COURT DIVISION OF ST. CROIX

HOTEL ON THE CAY TIME-SHARING ASSOCIATION, INC., CASE NO. SX-2012-CV-00013

Plaintiff, v. ACTION FOR DECLRATORY JUDGMENT AND FOR SUPPLEMENTAL RELIEF GOVERNMENT OF THE VIRGIN ISLANDS, 2021 VI Super 102

Defendant.

Edward L Barry, Esq.

LAW OFFICES OF EDWARD L. BARRY St. Croix, U.S.V.L

Attorney for Plaintiff

Christopher M. Timmons, Esq. V.[. DEPARTMENT OF JUSTICE St. Croix, U.S.V.1.

Attorney for Defendant

BRADY, Douglas A., Judge

MEMORANDUM OPINION and ORDER {1 Before the Court is Defendant Government of the Virgin Islands’ (“GVE”) fully briefed Motion for Judgment on the Pleadings pursuant to V.I. R. Civ. P. 12(c), filed May 28, 2021. By its Motion, GVI seeks partial judgment on {1 and 2 of the prayers for relief in Plaintiff Hotel on the Cay Time-Sharing Association, Inc.’s (“HOTC”) November 2, 2020 First Amended Complaint (seeking declaratory judgment that HOTC is entitled to possession of certain real property interests on Protestant Cay, Christiansted Harbor, St. Croix until December 31, 2039 by virtue of a May 22, 1998 Stipulated Settlement agreement between GVI and HOTC and a separate July 1998 Stipulated Settlement agreement between GVI and Andrew J. Pappas, later assigned to HOTC, in Government of the Virgin Islands y. Legend Resorts, L.P., Civ. No. 612/1996, a Territorial Court eviction action in which HOTC and Pappas intervened (“Eviction Action”)). GVI’s Motion also seeks judgment on its January 27, 2021 Counterclaim, on Count I (to recover possession of real property per 28 V.LC. § 281) and Count II (trespass). For the reasons set forth herein, Defendant’s Motion will be granted in part, and final judgment will enter in favor of GVI dismissing HOTC’s Hotel on the Cay Time-Sharing Ass'n. Inc., v. Gov't of the V1; $X-2012-CV-00013 Memorandum Opinion and Order Page 2 of 18

2021 VI Super 102

prayers for relief J 1 and 2 of the First Amended Complaint. In light of such judgment, prayers for relief] 3and 4 seeking injunctive relief will be dismissed as moot. Final judgment will further enter in favor of GVI on Count I of its Counterclaim granting recovery of possession of the real property in issue. As to those claims, the Court finds that there is no just reason for delay and enters final judgment pursuant to V.I. R. Civ. P. 54(b). Ruling will be deferred on GVI’s Motion seeking damages for trespass (Counterclaim Count II). The Order entered herewith will set an early status conference to address the prompt resolution of all other pending motions and all remaining claims

of the First Amended Complaint and Counterclaim. BACKGROUND

42 On April 6, 1964, by Act No. 1179, the Fifth Legislature of the Virgin Islands authorized the Governor of the Virgin Islands to negotiate a new lease for Protestant Cay for a term of 50 years from the date of execution. Pursuant to such authorization, on April 24, 1964, the Government of the Virgin Islands, by the Commissioner of Property and Procurement, with the approval of the Governor, entered into a Lease agreement (“Ground Lease”) with Hotel-on-the- Cay, Inc., a Virgin Islands corporation (unrelated to HOTC), including the provision that the

lessee’s leasehold interest could be assigned with the written consent of the Governor. g

{3 Subsequently, two amendments to the Ground Lease were executed. Amendment No, I to Lease Agreement allowed the lessee to mortgage its leasehold interest to facilitate loan financing, dated and approved by the Governor December 30, 1968. Amendment No. II to Lease Agreement, among other things, provided that: “The term of the lease shall be extended for a period of twenty eight (28) years commencing on the date that same is approved by the Governor and the Legislature of the Virgin Islands.”' Amendment No. II was signed by the then-lessee (by assignment) and the Commissioner of Property and Procurement on April 13 and May 6, 1992, respectively, and “Approved” by the Governor June 30, 1992 and “Approved” by the President of the Legislature December 16, 1992, such that the extended lease term would conclude on December 15, 2020.

{4 In August 1980, then lessee-assignee Oliver Plunkett established by Declaration of Partial Leasehold Ownership Plan Establishing the Hotel on the Cay a Time-Sharing Vacation Ownership

* Counterclaim, Exhibit E, Amendment No. [I § 1.01. Hotel on the Cay Time-Sharing Ass'n. Inc., v. Gov't of the V.1; SX-2012-CV-00013 Memorandum Opinion and Order Page 3 of 18

2021 V1 Super 102

Plan (“Declaration”), a condominium timeshare regime over the property creating ownership interests “continuing for the remaining term of said Ground Lease,” then a period of approximately 33 years. The Declaration created 2912 timeshare unit-weeks at the resort, about half of which were sold.* The owners of the units formally incorporated the Association created by the

Declaration in April 1997 as Hotel on the Cay Time-Sharing Association, Inc.

95 Onaccount of the default of then-lessee assignee Legend Resorts, L.P. under the Ground Lease, as amended, GVI brought its Eviction Action for debt and possession by Complaint filed October 4, 1996. HOTC intervened in the Eviction Action, asserting that termination of the Ground Lease would unfairly destroy the interests of thousands of innocent timeshare owners who had no complicity in the corporate defaults and misdeeds of the developer and subsequent lessee

assignees.*

{6 | HOTC and GVI entered into the Stipulated Settlement in May 1998, which provided that in consideration of HOTC withdrawing its intervenor’s complaint, GV! would recognize HOTC as lessee of that portion of Protestant Cay shown on the Declaration, including approximately 1,400 unsold time-share units, free and clear from any and al! obligations and defaults of all other prior lessees, effective June 1, 1998, at which time HOTC would commence paying rent of $3,500 per month plus timely payment of hotel room taxes, pro rata real estate taxes and all other obligations due the Government. The Stipulated Settlement stated that the rent obligation “is effective until such time as the Government enters into a new lease with the Association for the premises described in the Declaration, together with all easements and rights set forth therein from the date of the new lease to December 31, 2039, subject to the government being adjudged the prevailing party in the [eviction] action.” And further: “The leasehold estate held by the

od

Association expires on December 31, 2039.’* The Governor, Attorney General, by his counsel,

? First Amended Complaint, Exhibit A; Counterclaim, Exhibit A, Declaration, § 2.F.

* In 1994, Participation Services Corporation (“PSC”), servicer of leasehold mortgage loans to Legend by Fairway Capital Corporation, 2 Smail Business Investment Company, subject to U.S. Small Business Administration regulation, filed a foreclosure action in the Territorial Court (Participation Services Corporation v. Legend Resorts, L.P., Civ. No. 727/1994) that resulted in a consent judgment of foreclosure on the timeshare units and Ground Lease mortgages in favor of PSC. PSC subsequently also intervened in the Eviction Action, contesting GVI’s right to terminate the Ground Lease.

4 First Amended Complaint, Exhibit B; Counterclaim, Exhibit B, Stipulated Settlement 4G 3.a., 3.b. Hotel on the Cay Time-Sharing Ass'n. Ine., v. Gov't of the VI; $X-2012-CV-00013 Memorandum Opinion and Order Page 4 of 18

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Hotel on the Cay Time-Sharing Association, Inc. v. Government of the Virgin Islands, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hotel-on-the-cay-time-sharing-association-inc-v-government-of-the-virgin-visuper-2021.