Judge orders Sousa’s Landscaping to hand over cash from asset sale to pay rent arrears – The Royal Gazette

Judge orders Sousa’s Landscaping to hand over cash from asset sale to pay rent arrears – The Royal Gazette

Up-to-date: Dec 02, 2022 07:57 AM

Court judgment: Sousa’s Landscape Administration Organization operated from a place on Camp Hill Highway (File photograph)

A single of the island’s best-recognized landscaping firms was purchased yesterday to hand over proceeds from asset sales to assist to include rent arrears.

A courtroom listened to that Sousa’s Landscape Administration Company owed about $130,000 and it was hoped the revenue could be recovered if palm trees and a truck had been bought.

Two Camp Ltd introduced lawful action in August when it asked for an “order of possession” of a Southampton house as properly as a judgment on rental arrears that amounted to $91,000 “and continuing until possession is achieved”.

The situation relates to land at the corner of Camp Hill Road and Center Street, where by Sousa’s ran a garden centre right until before this yr.

Jennifer Haworth, for Two Camp, instructed the Supreme Court docket yesterday: “The debt now, with prices provided in it and taking into account the payment of $5,000 but also interest as very well, is just over $130,000.”

She additional: “We need to have to see some motion on this and to be certain that claims designed just before the court are taken really critically, and to have an order to set these out.”

The civil court read that it was earlier indicated by Jeff Sousa, the president and founder of the landscaping enterprise, that the sale of palm trees was expected to yield about $140,000, which would be employed to repay the plaintiff, and if that did not come about then a minimum payment of $50,000 would be made.

Mr Sousa, a former Just one Bermuda Alliance MP, claimed yesterday that negotiations ongoing on the palm trees sale.

He extra: “We are actively trying to seal that deal.”

Mr Sousa claimed the firm had a crane truck that was unused for some time and that an offer designed on it fell by way of.

He added: “That’s why we proposed the $50,000. We thought that would happen.”

Jeff Sousa, the previous One particular Bermuda Alliance MP

Mr Sousa said two other organizations have been approached about the probable buy of the car or truck and each were being “very interested”.

He added that another person else was also anticipated to view the truck right now.

Mr Sousa told the court docket the company was searching for concerning $50,000 and $60,000 for the motor vehicle and $60,000 to $70,000 for an connected permit.

Puisne Decide Larry Mussenden instructed him: “You want to be employing your very best endeavours to get that resolved.”

He asked about the landscaping company’s monthly revenue.

Mr Sousa stated: “We made use of to sustain Fairmont Southampton, for 20 many years, and of study course we’re no lengthier preserving that.

“We do have a fantastic partnership with the Fairmont Southampton. We have a depot there. We have thousands and thousands of dollars of contracts with the organization which is wanting to develop that.”

The iconic lodge shuttered in October 2020 just after the coronavirus pandemic strike. A $376 million renovation programme is anticipated at the web site and the Property of Assembly heard very last thirty day period that work to close the redevelopment deal ongoing “in earnest”.

Mr Sousa informed the courtroom yesterday: “In organization, points can adjust overnight.”

He extra that: “Losing that agreement was certainly a key blow to the organization, fairly truthfully.”

Mr Sousa claimed he was not able to provide information about the company’s recent earnings.

Mr Justice Mussenden ordered Sousa’s to disclose data about the probable profits of the palm trees and truck as properly as invoice and payment information connected to the company for the past 3 months.

He included: “I will purchase that the proceeds of any sale of the belongings, a lot less realistic profits charges, be paid to plaintiff within just 7 days of receipt of funds.”

The scenario is expected to return to courtroom up coming thirty day period.

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