A high-stakes legal conflict over the mothballed Stake Bank cruise port development project has moved forward in London’s courts, even as uncertainty about the project’s future continues to roil stakeholders in Belize. At the heart of the dispute are founding developers Michael and Melita Feinstein, who have launched a legal claim against prominent Honduran businessman Guillermo Bueso Anduray. The Feinsteins allege that Bueso leveraged his substantial influence over Belize’s Atlantic Bank to illegally seize control of the multimillion-dollar infrastructure project and force the original founders out of the venture. The claimed damages in the case exceed 10 million British pounds, equivalent to roughly 27 million Belize dollars. To date, the court has not yet begun to examine the substantive merits of the founding pair’s allegations. Instead, the proceedings have been held up by a foundational jurisdictional challenge: Bueso’s legal team has argued that the English court has no authority to adjudicate the dispute at all, pausing any review of the core claims. A consent order issued by the court in March confirms that both parties have agreed to extend existing filing deadlines in the case. All formal legal submissions are scheduled to be completed by September, with a public hearing on the jurisdiction question expected to take place before the end of 2026. This London-based proceeding is the latest chapter in a years-long conflict that has already been fought through Belize’s national court system and multiple international arbitration panels. For the foreseeable future, the fate of one of Belize’s most controversial planned development projects remains unresolved. As the legal fight unfolds overseas, no final ruling on the project’s ownership or future is on the immediate horizon, leaving the stalled initiative in continued limbo.