True Blue Development Limited, True Blue Services Limited, True Blue Management Limited, Polar Palms Llc, and Circle Park Holdings Llc v Grenada - ICSID Case No. ARB/21/37 - Joint Statement - Government of Grenada and U.S. Investors Reach Agreement to Resolve Kawana Bay Arbitration - 31 August 2023
Country
Year
2023
Summary
The Government of Grenada and a group of U.S. investors that had been working through True Blue Development to build the Kawana Bay resort near world-famous Grand Anse Beach, jointly announced the resolution of a dispute that had been under arbitration since 2021 before the World Bank’s International Centre for Settlement of Investment Disputes.