AVZ Discussion 2022

SilentOne

Regular
You are not playing the numbers.

Occidental Petroleum Corporation v. Ecuador (ICSID Case No. ARB/06/11)
  • Final Award: In October 2012, the tribunal awarded Occidental Petroleum approximately $1.77 billion (plus interest) for Ecuador’s unlawful termination of an oil exploration contract.
  • Payout/Settlement: In 2015, Ecuador and Occidental reached a settlement. Ecuador paid $980 million to Occidental, a significant reduction from the original award, after negotiations and an annulment proceeding that partially upheld the award. The settlement was publicly reported as a resolution to avoid further enforcement actions.
They received half the payout as was awarded. Equadors GDP is 1.6 the size of DRCs. Equador is 40 places better ranked on the corruption index than DRC.

This is assuming the ICSID agrees with our claim and gives us the full 10 Billion. Occidental Petroleum were asking for 3.4 Billion (awarded 1.77). The effective payout was 25%.

If we are given 5 Billion USD settlement, we take it. Effective payout of 50%.
Well if it comes to a vote the answer is still no
 
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Hudnut

Regular
At the moment I'd just love to have the opportunity to have a vote.
 
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Winenut

GO AVZ!!!!
At the moment I'd just love to have the opportunity to have a vote.
at the moment i’d just like to know what I might be voting on🤷‍♂️
 
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cruiser51

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And the beat goes on....

About a week old:


Screenshot 2025-06-27 at 12.46.48 AM.png
 
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Roon

Regular
Well if it comes to a vote the answer is still no
Voting no for 5b USD? I feel sorry for your upcoming mental state when reality eventually hits.
 
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timb89

Regular
Well if it comes to a vote the answer is still no

Based on what though?

Play out a scenario that you think will happen by voting no to above.
 

cruiser51

Top 20
Screenshot 2025-06-27 at 5.23.20 AM.png
Screenshot 2025-06-27 at 5.19.58 AM.png
 
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cruiser51

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Screenshot 2025-06-27 at 5.32.07 AM.png
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Screenshot 2025-06-27 at 5.33.25 AM.png
Screenshot 2025-06-27 at 5.33.50 AM.png
 
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42.54

edit: video appears to have been altered, relevant report currently at 23.38
 
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timb89

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Penskefile

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marksmann007

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IMG_1733.png
 
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Pokok

Regular
must’ve run out of the brown-coloured paper bags
No its just Bakso for lunch
 

Spikerama

Regular
I have no idea what Kiki is banging on about or where he got this info but doesn't sound good.

Kiki Kenge.jpg

 
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Penskefile

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j.l

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Shire

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cruiser51

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I have no idea what Kiki is banging on about or where he got this info but doesn't sound good.

View attachment 87704
The Rwanda troops will have to take up home brewing.
Heineken has closed its breweries in Goma and Bukavu and repatriated its staff.
That will fuck um.
 
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