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Couple Seeks $38M For Dominican Republic’s Project Block

Law360, Washington (February 27, 2017, 5:41 PM EST) -- An American couple is asking an international arbitration panel for more than $37 million from the Dominican Republic for allegedly obstructing the expansion of a gated mountain community in favor of politically connected competitors, saying environmental concerns raised by the government have no merit.

Michael and Lisa Ballantine, Chicago-based entrepreneurs who first came to the Caribbean nation as Christian missionaries, told the tribunal that the DR’s yearslong blockade of construction permits for the expansion of their luxury community violates the Dominican Republic Central American Free Trade...
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