Nice bit of gossip arising from a London court case. It is said that:
- A British UK property developer was working with a partner (Middle Eastern royalty).
- They wanted to develop a part of central London.
- The UK's Prince of Wales objected to the development, and contacted the partner.
- There's a nice email record of the interaction.
- As a result, the partner backed out.
- The partner deleted the email correspondence with the Prince of Wales, so it wouldn't have to pay around $120 million in compensation to the developer.
- The partner then lied to the UK courts about its reason for backing out.
More here.
... David Ferris