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Caribbean Court Won t Enforce Miner s $6B Win Over Pakistan
Law360 (July 19, 2021, 6:42 PM EDT) A Caribbean appellate court said it can t honor an Australian mining company s request for help enforcing a $6 billion arbitral award against Pakistan, deciding that the country has for now correctly been found to enjoy immunity from the court s jurisdiction.
The Eastern Caribbean Supreme Court s Court of Appeal on July 13 provided the reasons for its June 4 ex tempore decision refusing to enforce Tethyan Copper Co. Pty. Ltd. s award from the International Centre for Settlement of Investment Disputes against Pakistan as well as the miner s request for injunctive relief against a Pakistani airline and British Virgin Islands parties related to.
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