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#496843 - 10/16/14 04:31 AM Robert’s Grove Rift Goes to Supreme Court  
Joined: Oct 1999
Posts: 52,600
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Michael Kramer

Two shareholders of Robert’s Groove of Placencia have been at war over the running of the company.  Today, the matter was heard in trial by Supreme Court Judge, Sonja Young. Jean Marc Tesse, the majority shareholder of the resort is seeking an injunction to his removal as director of the resort. That removal, his attorney, Hubert Elrington argued, is illegal, null and void and today they sought the court’s intervention. Arguments were heard and after trial both Marc Tesse and Michael Kramer appeared optimistic. Judge Young has reserved her ruling on the matter for November tenth. According to Elrington, Kramer was appointed by Marc Tesse to the board but he has joined minority shareholder, Borris Mansfield of Mansfield Family Partnership, to oust Marc Tesse. According to Elrington, the minority shareholder has thirty-three percent and while the majority shareholder has sixty-six percent control of the resort. Kramer spoke to our court reporter this afternoon.

Michael Kramer, Board Director, Robert’s Grove

“The board of directors of Robert’s Grove has approved or resolved, made reservations to remove Mister Marc Tesse as manager of the resort. And when I mean manager, I mean any involvement or operation with the administration or supervisory or signatory on any bank account. That has been our resolution and Mister Marc Tesse has made an application for an injunction to basically reverse that and to put himself back as the manager and we are defending ourselves.”


“So right now he is not the manager?”

Michael Kramer

“Right now he is not the manager per the resolutions of the Board of Directors.”


“So today in court, Judge Sonya Young heard the mater and the decision will be on the tenth of November. As to the proceeding today, how do you feel about coming to a finalization on the tenth?”

Michael Kramer

“Like I said, I feel good about our position; that we are on the side of justice and I feel certain that she will see the same thing and will rule in our favor.”

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#514110 - 05/31/16 05:11 PM Re: Robert’s Grove Rift Goes to Supreme Court [Re: Marty]  
Joined: Oct 1999
Posts: 52,600
Marty Online happy
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Court orders Jean-Marc Tassé to pay Robert’s Grove $1.1 mil in damages

Supreme Court Justice Sonya Young has ruled that Jean-Marc Tassé, director of Robert’s Grove in Placencia, must pay the company $1.1 million in damages, to restore a parcel of land and a boat to the company which the director had allegedly put in his name.

Back in 2014, the company passed a resolution stripping Tassé, then managing director, of his operational role in the company. The resolution meant that he could no longer sign checks. The board also went further to ban Tassé from the property, according to Boris Mannsfield, another company director.

In 2011, Tassé, a Canadian, and Michael Kramer bought the inn from Bob and Risa Frackman, who launched the business in 1997.

According to the court’s ruling, Tassé is majority shareholder of Sandhill Limited, which has an interest in Robert’s Grove via Sandhill Resorts Holdings, Ltd. The other owner of Robert’s Grove is minority shareholder, Mannsfield Family Partnership Belize Limited.

Mannsfield, a German investor who has Belizean residency, told Amandala that the board of directors of Robert’s Grove held a meeting when they discovered that money was missing. He said that apart from passing a resolution to stop Tassé from playing any further operational role in the company, they also “passed a resolution physically banning [him] from the property,” because Tassé challenged the resolution of the board and wanted to continue in his operational role.

Tassé then filed for an emergency injunction, which Justice Young denied.

Mannsfield said that when Tassé was removed as managing director, he attempted to form a new board and claimed that he (Mannsfield) and Kramer were not a part of the board, and also tried to reverse, the decisions of the board. “That’s why we went to court,” Mannsfield said.

For his part, Tassé contended that between 2010 and 2011, he had advanced $800,000 to Robert’s Grove and the funds he was accused of misappropriating had been taken from what he described as his personal advance account.

However, Justice Young found that “the accounts of this company have been manipulated.”

She went on to rule that, “Mr. Tassé, as a director, owed a fiduciary duty to Robert’s Grove Limited. When he used Robert’s Grove Limited’s funds for his personal benefit, he breached that fiduciary duty and caused devastating loss to Robert’s Grove Limited. He must make good that resulting loss.”

Apart from the award for damages, the Supreme Court has ordered that Tassé be made to repay funds he wrongfully charged to the company’s credit card between 2012 and 2014.

He was also ordered to pay costs, including $14,949.98 in fees owed to the court expert by the defendant and $75,000 awarded to meet legal costs for the claimant.

Senior counsel, Eamon Courtenay, represented the company while senior counsel, Derek Courtenay, represented the defendant.

Mannsfield said that there are additional funds and assets missing that the court did not have evidence to include in the verdict and they can continue to pursue those legally.

We tried contacting Tassé’s attorney to find out if Justice Young’s ruling would be appealed, but we were told when we called that he was not available.


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