February 22, 2018
Unit owners in a Costa Rican luxury condo development stood behind their request to confirm a nearly $1.6 million arbitral award against the resort's developer Wednesday, contending that an Arizona federal court can enforce the award even though it was annulled by the Central American country's Supreme Court.
February 15, 2018
A Costa Rican real estate developer urged an Arizona federal court Wednesday not to confirm a nearly $1.6 million arbitration award against it and a majority shareholder in a luxury condo project, saying the court lacks jurisdiction to do so because Costa Rica's supreme court set the award aside.
December 13, 2017
Owners of units in a Costa Rican luxury condo development asked an Arizona federal court Tuesday to confirm an arbitration award of more than $1.5 million against the resort's developer while also seeking damages for the developer's alleged neglect of the condos.