Blue Sea Holdings, Oceans Group International, its directors, and Joe Haley of the Red Frog Beach Resort are pleased to announce that a U.S. court has dismissed the lawsuit through which Six Diamond Resorts International, Six Diamond Resorts International, S.A., William Baquet, and Richard Kiibler asserted claims against Red Frog Beach Resort-related entities and individuals. The Red Frog Beach Resort continues to serve as one of Panama's most respected resort destinations.
BOCAS TOWN, Panama, Sept. 19, 2022 -- IN THE FOURTH JUDICIAL DISTRICT COURT AMERICAN FORK DEPARTMENT, UTAH COUNTY, STATE OF UTAH
SIX DIAMOND RESORTS INTERNATIONAL, et al.,
Plaintiffs,
vs.
BLUE SEA HOLDINGS LLC, et al,
Defendants.
Blue Sea Holdings, Oceans Group International, its directors, and leaders are pleased to announce that a U.S. court has dismissed the lawsuit through which Six Diamond Resorts International, Six Diamond Resorts International, S.A., William Baquet, and Richard Kiibler asserted claims against Red Frog Beach Resort-related entities and individuals. In Case No. 210100257, Red Frog Beach Resort had all claims dismissed.
Red Frog Beach Resort's ownership always viewed this lawsuit as factually and legally baseless, and as procedurally improper. And all the claims have now been dismissed.
About OGI/BH/Red Frog Beach:
Red Frog is one of the top resorts in Panama and all of Central America. Building upon the foundation of today's Red Frog Beach Resort, and in coordination with newly formed strategic and operational partners, Red Frog is moving forward with its growth and expansion plan over the next five years while maintaining its mission to environmental and social responsibility, as evidenced by Red Frog receiving its fourth consecutive designation as Panama's only Green Globe™ certified resort.
Red Frog Beach Resort has been an important part of the Panamanian economy for nearly 20 years. Prior to the Covid-19 Pandemic, Red Frog Beach Resort welcomed 10,000 plus tourists to Panama and Bocas del Toro every year. It directly employs over 140 people in Bocas and Panama City, and it indirectly contributes to employment and economic well-being for thousands of Panamanians. It provides potable water and electricity to neighboring Indigenous communities, works in harmony with other area businesses, and is a proud member of the Bocas Chamber of Tourism. It started the Foundation at Red Frog, which is now an independent non-profit, working with other local organizations to improve life in Bocas del Toro. Red Frog Beach Resort is a beacon of responsible development, the only Green Globe certified resort in Panama, and partners with the University of Minnesota for study-abroad programs in Panama.
ATP has listed Red Frog Beach Resort as one of five key resorts in the country, advertising in 7 languages in over 50 different countries, attracting over 300,000 internet hits per year, and is one of the most "liked" boutique island resorts in the world on Facebook. It has won numerous international awards including "One of the Hottest Beaches in Central America" -Forbes Traveler, "Top 20 Oceanfront Developments in the World" – Oceanhome Magazine, and "Best Leisure Development in Panama" – American Property Awards.
See https://www.redfrogbeach.com for more information.
Media Contact
Joe Haley, Red Frog Beach Resort, 1(866)400-5579, [email protected]
SOURCE Red Frog Beach Resort
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