[1] In 2012, the Shivdasanis sold the Six Senses and Evason branded resort and spa management contracts, and related intellectual property rights, to Pegasus Capital Advisors.
[3] Following the change of Maldivian law in December 2010, Soneva Fushi became one of the first resorts in the Maldives to offer residences to foreigners for purchase under leasehold.
Records show that the Shivdasanis obtained the Maldives island of Medhufaru and its surroundings, now the location of their Soneva Jani resort, via a no-bid contract in 2014.
A massive fire broke out at the Soneva Kiri Resort on Koh Kut island and gutted one of the site’s villas.
The Swiss businessman Jean Sebastian Ferrer Funke and his company Ecoprivate Business Ltd. alleged that Sonu Shivdasani deceived them into investing in a $6.2 million villa in Thailand and thus filed an ex parte petition for a federal court order to obtain evidence from KSL Capital Partners, a Denver-based private equity firm specializing in travel and leisure enterprises, which participated in a $230 million investment in Sonashah Shivdasani’s Soneva Kiri Resort.
Shivdasani is accused of running a scheme that used Bluebay as a vehicle to fraudulently induce Ferrer and Ecoprivate to purchase a Thai villa and surrounding land at the Soneva Kiri Resort for $6.2 million.
Three main sites were restored: at Si Lanna National Park, The Royal Project at Nong Hoi, and the Pai River Watershed Wildlife Sanctuary.
[33][34] In many places including the Maldives, this process saves the property money as they cut down on costs associated with the transportation and disposal of imported plastic-bottled water.