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New legal actions against hotel developer

New legal actions have been launched against the developer of the proposed Par-la-Ville hotel project.

According to a writ filed on Friday by Conyers Dill & Pearman Ltd, Mexico Infrastructure Finance LLC is suing Michael MacLean, director of Par-la-Ville Hotel and Residences Ltd (PLV), and Yasmin MacLean.

Mexico Infrastructure Finance, also known as Alsis Funds, last summer signed on to provide Par-la-Ville Hotel and Residences Ltd with an $18 million bridge loan for the project.

However, in recent months several legal actions have been launched between parties involved in the loan.

In December, the New York-based Carlton Group — hired to find the financing — launched an action against the developer alleging that its $900,000 commission had not been paid.

That was followed last month when Mexico Infrastructure Finance filed writs against both PLV and the Corporation of Hamilton, who had guaranteed the loan. Correspondence seen by this newspaper between lawyers for Mexico Infrastructure Finance and the Corporation alleged that the $18 million loan is now in default — something lawyers for PLV have denied.