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Chile Escapes $350M Claim By Investors In Public Bus System

ADVERTISEMENT ADVERTISEMENT Chile Escapes $350M Claim By Investors In Public Bus System Law360 (January 12, 2021, 6:14 PM EST) An international tribunal on Monday dismissed a claim seeking nearly $350 million from Chile by a pair of Colombian brothers who accused the government of not doing enough to stop vandalism and fare evasion that plagued their investment in Santiago s public bus system. The International Centre for Settlement of Investment Disputes tribunal concluded that while the Chilean government could have done more to combat the fare evasion and vandalism that Carlos and Francisco Ríos claimed had driven their businesses into financial ruin, that was not the reason the investments ultimately failed.

Govt agrees to pay $28 7m damages to US firm - Newspaper

The federal cabinet has approved payment of $28.7 million in damages to the Washington-based asset recovery firm Broadsheet LLC. Twitter/File ISLAMABAD: The federal cabinet has approved payment of $28.7 million in damages to the Washington-based asset recovery firm Broadsheet LLC and at the same time decided to challenge the British court’s decision to attach the accounts of the Pakistan High Commission in London. The approval was granted after the office of the attorney general and the law ministry advised the government to let the National Accountability Bureau (NAB) clear the $28.7m award. The government has also decided to fix the responsibility about the debacle on those involved in engaging the firm in 2000 during the Pervez Musharraf era, signing a controversial agreement and the payment of $5 million to a “so-called front man” of the firm.

[Best Brand] Peter & Kim offers global expertise

[Best Brand] Peter & Kim offers global expertise
koreaherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreaherald.com Daily Mail and Mail on Sunday newspapers.

Aussie Mining Co Urges Enforcement Of $6B Pakistani Award

ADVERTISEMENT ADVERTISEMENT Aussie Mining Co. Urges Enforcement Of $6B Pakistani Award Law360 (December 22, 2020, 6:24 PM EST) An Australian mining company has urged a D.C. federal court not to pause or dismiss its $6 billion award enforcement efforts against Pakistan, arguing that the court has no right to judge the country s lack of tribunal jurisdiction arguments. Tethyan Copper Co. Pty Ltd. initiated arbitration after it led a soiled gold and copper joint mining venture with a Chilean company and Canadian company in Pakistan s Balochistan Province, and it argued Monday that the International Centre for Settlement of Investment Disputes should address Pakistan s lack of jurisdiction claims.

The father, the son and the holy atom - The Northern Miner

The father, the son and the holy atom - The Northern Miner
northernminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernminer.com Daily Mail and Mail on Sunday newspapers.

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