Antigua Investment Authority

Home

Expropriation Quagmire

Half Moon Bay Status

Half Moon Bay History

Half Moon Bay Background

True Chronology

Latest Update

Money Launderers Welcome

Money Launderer Nation

Coram's Timebomb

Spencer's Affidavit

US Expropriation Code

Money Laundering

WSJ /P Fritsch

Detroit News /M Claxton

Denver Post /J McGowan

Dow Jones /Al Lewis 1

Dow Jones /Al Lewis 2

Dow Jones /Al Lewis 3

Opposition Walkout

Bird Throne Speech 2003

Privy Council Ruling

BiLat Investment Treaties

Investment Prospectus

Government Website

Antigua Investment Plans

Antigua Constitution

FDI

Expropriation

Cardinal Sin 2

Pirates of the Caribbean2

Treasury Bills

US Visa Denial

Fish Stink from De Head

Land Grab

Congressional Record

Official Plunder

Fox in the Henhouse

Passports For Sale

Citizenship by Investment

 

Prîvy Councîl Appeal No 18 of 2006


HMB Holdings Ltd
Appellant v Cabinet of Antigua and Barbuda Respondent

FROM THE COURT OF APPEAL OF ANTIGUA AND BARBUDA


JUDGMENT OF THE LORDS OF THE JUDICIAL
COMMITTEE OF THE PRIVY COUNCIL


Delivered the 5th June 2007

”40.  … The site is valuable, and there is no doubt that a developer who has access to funds can expect to make money from it….”
 

“1. The appellant, HMB Holdings Limited ("HMB"), is the owner of property at Half Moon Bay in Antìgua. This is one of the most beautiful bays in the island. Its white sand, crescent shaped beach has been described as one of the best beaches in the world. The shape of the bay and its secluded environment on the south-eastern corner of the island provide an unusual degree of privacy. For many years there has been a hotel there, known as the Half Moon Bay Hotel. HMB purchased the property in 1971. The quality of the amenities, which were enhanced under its management, made the resort particularly attractive to wealthy visitors from Europe and North America. It was described as a flagship of the Antiguan tourist industry. It made a significant contribution to the local economy.”

 

“10. Chapter II of the Constitution provides for the protection of fundamental rights and freedoms of the individual. Section 3 guarantees to every person in Antigua and Barbuda, among other rights, protection of his property and from deprivation of property without fair compensation. The protections which then follow include, in section 9, protection from the compulsory taking or acquisition of property except for public use and except in accordance with the provisions of a law applicable to the taking of possession or acquisition and for the payment of fair compensation within a reasonable time… “



Document
Privy Council Judgement

© Copyright Antigua Investment Authority 2021

All sources, trademarks, copyright and intellectual property rights acknowledged.

Web Hosting powered by Network Solutions®

Supporting Legitimate Investment