THE COURT of Appeal has reserved its ruling in an appeal of a judge’s ruling, which ordered the Estate Management and Business Development Company (EMBD) to pay over $427 million in unpaid fees to a mega-contractor from La Brea, for infrastructure works it performed on four residential communities for former Caroni (1975) Ltd.

After a marathon hearing lasting two and a half days, Justices of Appeal Peter Rajkumar, Ronnie Boodoosingh and Geoffrey Henderson reserved their ruling in the EMBD’s appeal of Justice Ricky Rahim’s ruling in April 2022 in favour of Namalco Construction Services and a separate appeal by the La Brea contractor.

In 2022, Justice Ricky Rahim ordered EMBD to pay Namalco over $427 million for infrastructure work done at four housing projects once managed by Caroni (1975) Ltd at Cedar Hill, Roopsingh Road, Petit Morne, and Picton Monkey Town.