Cloudified Share Discussion Threads

[patviera] 23/3/2016 07:45

Cmon ChurchillA penny a day keeps the bank manager away!!25p by May75pct return in 6 weeksAnnualise that !!!

[ireminisces] 23/3/2016 07:43

@rossannan - what is the New York Convention and plenty of options?

[mrshaungcm] 22/3/2016 20:23

hxxps://icsid.worldbank.org/apps/ICSIDWEB/process/Pages/Recognition-and-Enforcement-(AF-Arbitration).aspx

[ireminisces] 22/3/2016 19:30

1. Churchill has a problem with the London Stock exchange of some claim, what's that all about and why has it come up now? (was it to do with the price hike May 2015..)

2. Seems like everyone knows ROI is lying but without Noor confessing seems like CHL could lose, right?

3. If CHL were to win, which everyone hopes. ICSID are not able to "force" ROI to pay up, is that correct?

Would like your constructive thoughts..

Very Best,

[debbiegee] 22/3/2016 19:30

Lexology

Europe | Asia Pacific
United Kingdom
Europe
Arbitration & ADR

A Road Block to the March of History?
Baker & McKenzie
In a recently leaked ICSID award, concerning the case of Bernhard von Pezold and others v. Zimbabwe (ICSID Case No ARB/10/15), an Arbitral Tribunal…

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This is the 1st story of yesterdays update.
I didnt think leaks were supposed to happen with ICSID !

[carlo sartori] 22/3/2016 17:25

Rossannan,

A totally fabricated pretext, at least the Venezuelans are honest about their dishonesty!

C.

[bones30] 22/3/2016 17:03

Well, not quite no. I agree its more complicated, but the point being, the award wasn't just some token.

[carlo sartori] 22/3/2016 17:00

Hi Rossannan, I'd suggest it is a perfect precedent..................isn't expropriation of our asset exactly what RoI have attempted to do - as straightforward as you like!

Carlo.

[bad robot] 22/3/2016 15:46

The rampers are out in force

[bones30] 22/3/2016 15:38

I note that there's been an award last month for a company called Gold Reserve. Perhaps this will make the market a little more positive.

It was a big one.

Based on the above, the Tribunal ordered Venezuela to pay Gold Reserve US$ 713,032,000,
plus pre-award interest from April 14, 2008 through the date of the award at the U.S.
Government Treasury Bill Rate, compounded annually. Such pre-award interest amounts to
US$ 22,299,576.

[stephen1946] 22/3/2016 15:20

A ruling based on the case so far, as the tribunal see it, with no appeal.

[patviera] 22/3/2016 15:15

What do u mean by an arbitrary verdict?

[stephen1946] 22/3/2016 14:57

Any court, anywhere in the world, will lose patience with a party that changes its case on a regular basis. Whilst this is not subject to the strict rules of most courts, liberties the like of which ROI seem to be taking will ultimatly have a cost.

Personally, i cannot see this charade lasting much longer because the more you read about the antics of ROI, the more obvious are the time wasting tactics which put an unfair burden on the other party. I can see the tribunal calling a halt to the whole matter and giving an Arbitrary verdict.

[dalailama] 22/3/2016 14:04

Oh right, thanks!

[daddy warbucks] 22/3/2016 13:40

PugI looked on the London Stock Exchange site. You didn't miss much, just the financials.

[debbiegee] 22/3/2016 13:37

A FEW SELLS DOWN OR A FEW BUYS UP

[dalailama] 22/3/2016 13:33

What does the MMs will go with the wind now mean?

[debbiegee] 22/3/2016 13:28

Anyway app 70k sold after rns and mm treeshake and 50k already bought at cheap prices.

MMS WILL GO WITH THE WIND NOW