The Central Bank of the Dominican Republic has disputed an attempt by the Mendes Junior-Méndez Cabral Consortium to enforce a USD 5 million judgment through garnishment orders, maintaining that the ruling is not final and is under appeal before the full Supreme Court of Justice. The judgment arose from the consortium’s action to rescind a 2004 payment in kind agreement involving 5,000 square meters at the former Herrera International Airport site. The central bank maintains that it fulfilled the agreement by transferring the property rights and title documentation, after which the consortium registered ownership. Under the contract, the consortium was responsible for the necessary subdivision work. A technical cadastral assessment commissioned by the central bank and completed on March 6, 2026, found that the consortium remained the registered owner and that the 5,000-square-meter portion was still available. The central bank is challenging the appellate ruling on grounds including failure to consider evidence, inadequate reasoning and mischaracterization of the facts, and said any subsequent Supreme Court ruling could also be subject to Constitutional Court review.
2026-09-03Central Bank of the Dominican Republic
Central Bank of the Dominican Republic contests USD 5 million judgment and pursues Supreme Court appeal
The Central Bank of the Dominican Republic is contesting the attempted enforcement of a USD 5 million judgment and has appealed to the full Supreme Court of Justice. It maintains that it fulfilled the underlying 2004 property transfer agreement and that a March 2026 cadastral assessment confirmed the consortium’s ownership and the land’s availability.