ECNETNews, New York, NY, December 16, 2024: The ongoing family dispute regarding the multi-billion-dollar estate of the late Jamaican hotel magnate, Gordon ‘Butch’ Stewart, has intensified, thrusting the issue into the spotlight with the release of an open letter that amplifies tensions surrounding the Sandals Resorts empire.
Since Stewart’s passing in January 2021, his family has been embroiled in protracted legal battles over his will and the management of his estate in the Bahamas, affecting family members both in Jamaica and the United States. The latest development features U.S.-based Cheryl Hamersmith-Stewart, along with her three children and Robert ‘Bobby’ Stewart, another of Butch’s children, confronting Adam Stewart, CEO of Sandals Resorts International, with an open letter.
The letter accuses Adam of orchestrating a media campaign that misrepresents their late father’s intentions regarding his estate. “We are deeply disappointed that you have chosen to submit Butch’s family – our family – to this ‘trial by media,’” it states. “We cannot allow you to impugn the integrity of your father’s closest advisers and friends.”
Significantly, the letter asserts that Butch Stewart had left explicit instructions for the division of his assets, which included a family-run board of directors representing all branches of the family. The letter claims Adam was designated to receive only a 16.67% share of the estate, not full control.
The letter’s signatories allege that Adam is attempting to overturn their father’s wishes and oppose the fair administration of the estate, claiming he has sought to replace the current executors and has withheld crucial financial information, resulting in delays in asset distribution.
“These actions have disproportionately affected those siblings whom you have excluded from the benefits of the companies founded by your father,” the letter highlights, expressing concern over the future of the businesses and the welfare of Sandals’ dedicated employees.
The family members affirm their commitment to honoring Gordon ‘Butch’ Stewart’s legacy. “We remain absolutely committed to ensuring that your father’s wishes are implemented, not defied, and that the businesses he dedicated his life to will thrive for the benefit of all stakeholders, not just you.”
This public quarrel emphasizes the rifts within the Stewart family, casting a shadow over the legacy of one of the Caribbean’s most influential business figures.
