AVZ Discussion 2022
- Thread starter GazDix
- Start date
Exciting news for me would be Locke funding secured, not only would it ensure our survival, but it would also send a strong message to our enemies that cutting a deal would be their best option..........which is the ultimate goal here.
seriously ?No. My mother in law's just been told she's got 3 months to live.
Just kidding . Thankfully she passed away over 20 years ago .
" Thankfully"...........i assume you were not a fan .
She suffered from acute diabetes and hay fever . I always tried to cheer her up with chocolates and flowers.
Retrobyte
Hates a beer
or Easter
Interesting news
mines.cd
RDC: Bye Bye Dan Gertler - MINES.CD - Premier média congolais du secteur minier
S’exprimant le jeudi 14 novembre 2024 aux Hydrocarbures House organisés en marge de la dixième édition du forum Makutano, le Ministre des Hydrocarbures Molendo Sakombi a annoncé une étape majeure pour la République Démocratique du Congo (RDC) : le retrait imminent de l’homme d’affaires israélien...
mines.cd
This is so true and not even a joke. The mental health impacts of all this must be real…
Azzler
Top 20
Yeah mate exactly.
Be kind, people are going through a harrowing experience, what might be an annoying unexpected wait for some, might be the most harrowing experience of others lives.
Stress builds up quietly, then everyone snaps.
I've certainly made my fair share of fuckwit posts on here over the last 2 years.
Frank
Top 20
According to Global Arbitration Review (GAR) today, Spain's Telefónica won US$380 million in damages plus interest in an ICSID claim against Colombia over the reversion of assets relating to its telecoms concession.
The back story to this arbitration is:
• In 2018, Telefónica filed an ICSID claim against Colombia over 2017 government measures that required the company to make payments, which Telefónica argued violated a Spain-Colombia investment protection agreement.
• The dispute centered on the unfair reversion of assets in a telecoms concession where Telefónica had invested significantly over decades.
• In October 2024, the ICSID tribunal ruled in favor of Telefónica, awarding the company $380 million plus interest, marking the largest investment arbitration award against Colombia to date.
This arbitration took a total of six years, which indicates that ICSID arbitrations need not take decades.
globalarbitrationreview.com
Cheers
F
The back story to this arbitration is:
• In 2018, Telefónica filed an ICSID claim against Colombia over 2017 government measures that required the company to make payments, which Telefónica argued violated a Spain-Colombia investment protection agreement.
• The dispute centered on the unfair reversion of assets in a telecoms concession where Telefónica had invested significantly over decades.
• In October 2024, the ICSID tribunal ruled in favor of Telefónica, awarding the company $380 million plus interest, marking the largest investment arbitration award against Colombia to date.
This arbitration took a total of six years, which indicates that ICSID arbitrations need not take decades.
Telefónica wins ICSID award against Colombia
Spain's Telefónica says it has won US$380 million in damages in an ICSID claim against Colombia over the reversion of assets relating to a telecoms concession.
globalarbitrationreview.com
Cheers
F
Lucas Don Velor
Regular
This is great news, another road block down! The DRC, US and Gertler have been in a stalemate for years...Interesting news
RDC: Bye Bye Dan Gertler - MINES.CD - Premier média congolais du secteur minier
S’exprimant le jeudi 14 novembre 2024 aux Hydrocarbures House organisés en marge de la dixième édition du forum Makutano, le Ministre des Hydrocarbures Molendo Sakombi a annoncé une étape majeure pour la République Démocratique du Congo (RDC) : le retrait imminent de l’homme d’affaires israélien...
So god willing, by May 2028 , AVZ may get a pay out.According to Global Arbitration Review (GAR) today, Spain's Telefónica won US$380 million in damages plus interest in an ICSID claim against Colombia over the reversion of assets relating to its telecoms concession.
The back story to this arbitration is:
• In 2018, Telefónica filed an ICSID claim against Colombia over 2017 government measures that required the company to make payments, which Telefónica argued violated a Spain-Colombia investment protection agreement.
• The dispute centered on the unfair reversion of assets in a telecoms concession where Telefónica had invested significantly over decades.
• In October 2024, the ICSID tribunal ruled in favor of Telefónica, awarding the company $380 million plus interest, marking the largest investment arbitration award against Colombia to date.
This arbitration took a total of six years, which indicates that ICSID arbitrations need not take decades.
Telefónica wins ICSID award against Colombia
Spain's Telefónica says it has won US$380 million in damages in an ICSID claim against Colombia over the reversion of assets relating to a telecoms concession.
Cheers
F
Arbitration proceedings have been suspended since the 7th. Maybe time for some sort of update on our hard earned - good or bad!
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