Thomas Gosling and others v. Republic of Mauritius - ICSID Case No. ARB/16/32 - Republic of Mauritius Press Release - Arbitration proceedings between Thomas Gosling and Others - All Claims dismissed - 25 February 2020
Country
Year
2020
Summary
GIS - 25 February, 2020: The Attorney General, Minister of Agro-Industry and Food Security, Mr Maneesh Gobin, made a statement, yesterday, in the National Assembly pertaining to the arbitration proceedings between Thomas Gosling; Property Partnerships Development Managers (UK) Limited; Property Partnerships Developments (Mauritius) Ltd; Property Partnerships Holdings (Mauritius) Ltd; TG Investments ltd; and Mauritius on the dispute of two areas in Mauritius, namely at Le Morne Brabant and Pointe Jérôme.
The case, he said concerns a dispute submitted to the International Centre for Settlement of Investment Disputes (ICSID) on the basis of the Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Mauritius for the Promotion and Protection of Investments which entered into force in October 1986 (the "BIT") and the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the "ICSID Convention").
The Tribunal, he said, decided, by majority, to dismiss all claims on the merits and also ordered that each party shall pay for its own arbitration costs; and 50% of the fees and expenses of the members of the Tribunal and the administrative fees and direct expenses of the ICSID Secretariat.
...