Resort Investors Can't Build On Mauritius Slavery Site
Law360 (February 19, 2020, 5:08 PM EST) -- The island nation of Mauritius has won its challenge against U.K. investors that wanted to build a luxury resort on a UNESCO World Heritage site commemorating escaped slaves' fight for freedom, with an international tribunal finding that the investors have no right to develop the property.
The International Centre for Settlement of Investment Disputes tribunal found Tuesday that United Kingdom-based investors including Thomas Gosling and four related companies were wrong to believe that they had a legitimate right to develop a resort on Mauritius' historic Le Morne Mountain based only on encouraging letters sent to the investors in 2005 and 2006...
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