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UK judge denies Pakistan corruption defence in Reko Diq case - Vimarsana News

UK judge denies Pakistan corruption defence in Reko Diq case

UK judge denies Pakistan corruption defence in Reko Diq case Dawn 16 hrs ago none@none.com (Atika Rehman) LONDON: Pakistan does not have the right to mount corruption allegations as a defence to challenge the jurisdiction of an arbitral tribunal in the Reko Diq case, a UK judge ruled this week. In the case, Province of Balochistan v. Tethyan Copper Company (TCC), Judge Robin Knowles of the High Court of Justice rejected Balochistan’s position in which it referred to a Supreme Court decision, saying it was not enough to demonstrate that the allegations of corruption had bee...

Source: msn.com
Pakistan Can't Raise Corruption Allegations In Mining Claim - Vimarsana News

Pakistan Can't Raise Corruption Allegations In Mining Claim

ADVERTISEMENT Pakistan Can't Raise Corruption Allegations In Mining Claim Law360 (July 6, 2021, 9:28 PM EDT) -- A Pakistani province forfeited its right to mount corruption allegations to challenge the jurisdiction of an arbitral tribunal adjudicating claims over a nixed mining project in an area of the country believed to hold massive amounts of gold, a London judge ruled on Tuesday. Judge Robin Knowles of the High Court of Justice rejected the province of Balochistan's attempt to fight off claims brought by Australian joint venture Tethyan Copper Co. Pty Ltd. before an International Chambe...

Source: law360.com
British Virgin Islands Court releases frozen assets of Pak airlines in Reko Diq case verdict reversal - Vimarsana News

British Virgin Islands Court releases frozen assets of Pak airlines in Reko Diq case verdict reversal

Islamabad [Pakistan], May 27 (ANI): A British Virgin Islands (BVI) High Court on Tuesday released the frozen assets of Pakistan International Airlines (PIA) hotels in Paris and Manhattan from a USD 6 billion pay-out to Tethyan Copper Company (TCC) in Reko Diq case verdict reversal.

Source: aninews.in
BVI court releases frozen assets of Pak airlines - Vimarsana News

BVI court releases frozen assets of Pak airlines

BVI court releases frozen assets of Pak airlines ANI 27 May 2021, 20:55 GMT+10 Islamabad [Pakistan], May 27 (ANI): A British Virgin Islands (BVI) High Court on Tuesday released the frozen assets of Pakistan International Airlines (PIA) hotels in Paris and Manhattan from a USD 6 billion pay-out to Tethyan Copper Company (TCC) in Reko Diq case verdict reversal. Following the historic legal victory, PIA has again received ownership of its hotels located in the US and France and other properties, reported Pakistan Today. BVI High Court Justice Gerhard Wallbank, while passing the order on December...

PIA Offshore Assets Unfrozen by British Virgin Islands in Reko Diq Case - Vimarsana News

PIA Offshore Assets Unfrozen by British Virgin Islands in Reko Diq Case

PIA Offshore Assets Unfrozen by British Virgin Islands in Reko Diq Case PIA Offshore Assets Unfrozen by British Virgin Islands in Reko Diq Case Attorney General’s Office hails decision as ‘great victory’ of Pakistan’s legal team The British Virgin Islands High Court on Tuesday withdrew orders that had earlier frozen the offshore assets of Pakistan International Airlines as part of a settlement in the ongoing Reko Diq dispute, giving control back to the airline. “Pakistan has won the BVI [British Virgin Islands] case initiated by TCC [Tethyan Copper Company] to enforce the ICSID [In...