The Supreme Court of Honduras ruled today that the Honduras legislation establishing charter or model cities was unconstitutional. A ruling two weeks ago from the constitutional branch of the court established by a 4-1 vote that the law was unconstitutional. Because that decision was not unanimous, the entire Supreme Court had to consider and vote on the issue.
The full court voted 13-2 that decreto 283-2010 which reformed two constitutional articles to enable the model cities legislation violated the constitution.
There is a bit more here, including some information on one of the companies involved.