Former RTPark CEO Peter Chapman. Photo Credit: RTPARK.
A 1-page announcement filed late last week put the court on notice that Peter Chapman's lawsuit against UVI's Research & Technology Park and its chair has been amicably resolved.
The parties had entered mediation to discuss Mr. Chapman's claims that he was unfairly removed from his post as CEO in retaliation for opposing alleged violations of territorial law. He had accused the board of unethical decisions, and followed up his November 2024 lawsuit with a second complaint in April 2025 alleging discrimination on the basis of disability and failure to provide reasonable accommodations.
The settlement, the details of which remain under wraps, is expected to bring an end to both matters. Motions to dismiss the complaints are anticipated to be filed in short order.
The disposition of the lawsuits ahead of trial means that Mr. Chapman's allegations will now not be tested for truth in a court of law. He had accused the board of RTPark, specifically its chair Edward Thomas, of acting “in clear violation of their fiduciary obligations as RTPark officials” by attempting to divert monies to the University of the Virgin Islands at the expense of funding “core RTPark needs.”
With the lawsuits now settled through mediation, it is unclear whether Mr. Chapman's serious allegations will be investigated by anyone to either validate his claims or clear the board of alleged wrongdoing.
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