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Torres: Lease no longer in client’s best interest
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Posted on Jul 23 2019
During an unexpected hearing yesterday, Vincent DLG Torres Jr. told the court that his client, the executor of the estate that leases land to Triple J Saipan Inc., has opted to terminate the newly proposed lease agreement because it is not in his client’s best interest anymore.
According to Torres, his client does not want to deal with the issues that have arisen since they petitioned for the court to approve the new lease agreement, so both parties have agreed to terminate the lease.
“My client would like to ask the court to move on with the probate and not deal with the issue because there’s no more issues in terms of the agreement,” he said.
Torres added that the issue whether the agreement violates Article 12 or not is no longer an issue but that the agreement is just not in their best interest anymore.
“The parties agreed among themselves not to continue with this agreement. Article 12 is moot because the agreement is terminated. We feel the agreement does not violate Article 12 but that’s no longer the issue. It’s just not in both party’s interest,” he said.
Triple J lawyer James Stump said his client agreed to the termination as the agreement has caused unwanted controversy for both Triple J and the Cabrera family, the executor of the estate.
“Triple J is a longstanding business and we just want to continue our business here without being subject to this. At this point, we would just like to withdraw the motion for approval. The lease is no longer in our best interest,” he said.
Superior Court Associate Judge Joseph N. Camacho ordered both parties to return on Sept. 12.
Saipan Tribune archives state that Probio DLC Cabrera Jr., executor of the estate of Probio M. Cabrera (deceased), filed a motion to approve the lease agreement on the Garapan properties.
Probio Dela Cruz Cabrera, through his lawyer, Torres, said this new lease agreement with Triple J is in the best interest of the heirs because it will financially benefit them.
Camacho was, however, concerned that the proposed lease may violate Article 12 restrictions. That article of the NMI Constitution restricts long-term interests in real property to persons of NMI descent.
