American company says Mexico president expropriated its $1.9 billion crocodile-filled quarries on the Caribbean coast
Briefly

Vulcan Materials asserts that the Mexican government's restitution of its properties, designated now as a protected area, amounts to a de facto expropriation, contravening trade agreements.
The decree establishing a nature reserve appears to mainly align with Vulcan's property boundaries, raising suspicions about the government's motives amid ongoing disputes.
Despite claims of environmental protection, the areas designated as nature reserves are heavily disturbed, undermining the decree's legitimacy and intentions.
The legal battle heightens tensions between Mexico and the U.S., as Vulcan threatens to exhaust all legal options to contest this latest governmental decree.
Read at Fortune
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