Canadian miner Crystallex has won U.S. court approval to bar China’s Haitong International Securities Group Ltd from transferring securities owned by Venezuela, in a move to recoup damages from an expropriation by the OPEC nation.
The cool reasoning of the Canadian Supreme Court does not acknowledge or reference “external” pressures or the Eli Lilly v. Canada ISDS case. However, courts do not decide cases in a vacuum. This case seems to have been decided in a pressure cooker.
With Gabriel Resources seeking US$4.4 billion in damages, Alburnus Maior, a prospective amicus curiae in the arbitration case, announces that it aims to file its brief to the ICSID Tribunal until September 2018 at the latest.
Un groupe canadien a annoncé réclamer 4,4 milliards de dollars de dédommagement à la Roumanie en compensation de l’abandon d’un projet de mine d’or, au coeur d’une longue controverse judiciaire et environnementale.
Gabriel Resources Ltd will seek $4.4 billion in damages from Romania for losses related to its long-stalled Rosia Montana gold mine project in a claim that the Canadian miner plans to file with a World Bank Tribunal.
La empresa minera canadiense Gold Reserve dijo que Venezuela le pagó $40 millones de dólares y que, en los próximos dos años, cancelará el resto de su deuda de aproximadamente que suman 1.032 millones de dólares.