Having heard an appeal from the Blairmont Rice Investment Incorporated which has sued the Kayman Sankar Group of Companies for alleged breach of contract, the Caribbean Court of Justice (CCJ) has reserved its ruling which will be delivered on a date to be announced.
During the hearing yesterday morning, the Trinidad-based court of last resort for Guyana again criticized the local courts for their slothful handling of the case which is still engaging the justice system a decade later.
On December 21st, 2006 Blairmont Rice entered into agreements with the Sankar Group for the purchase of interest in certain rice lands, equipment and buildings. Upon signing the agreements, it made an initial payment for the assets acquired.
