Cloudified Share Discussion Threads

[nico115] 22/3/2019 15:15

Why should stephen not have run away It's all over ..pointless posting here any more And he's probably very embarrassed having said this was a certainty on many occasions including his 10 pounds settlement claim!!

[andy] 22/3/2019 15:06

Neo


Agreed, they will be considering their options, along with CC IMO.


I wouldn't expect an RNS for a week or two personally.

[neo26] 22/3/2019 15:04

Wulber

I dont think he will contact shareholders until CHL know what will happen next, whether admin or review.

imho

[wulber] 22/3/2019 14:56

Not that l expect anything, but has anyone had any contact with DQ?

[jack1236] 22/3/2019 14:37

Boeing 'self-certified' the 737 Max 8 plane; so basically they made it; checked it so no independent verification. You would think they would want a third party doing the independent checks, that would improve safety for passengers; but no they do the opposite.

[neo26] 22/3/2019 14:28

But that amount, while not insignificant for desperate families with bills to pay and children to school, was roughly the minimum they were entitled to receive under Indonesian law.

And the conditions imposed by Lion Air before it would disburse the payments were complicated and shocking, with some legal experts questioning their legality.

To collect the money, families had to sign a pledge, called a release and discharge, that they would not pursue legal action against Lion Air, its financial backers and insurers, as well as Boeing, which manufactured the nearly brand-new 737 Max 8 plane.



=================

why not international law? total charlatan country to invest in.

[rutter] 22/3/2019 12:28

Like a Harry Enfield sketch "I saw you coming"

[andy] 22/3/2019 12:15

Yes let the wester companies in, invest their time, technical expertise, and investors money, and then, when a valuable asset is found, rob them of that asset and claim it for themselves.


Bolivia
Venezuela
Indonesia


The roll call of international shame

[neo26] 22/3/2019 12:06

Prabowa and Salim both laughing to the bank they have managed to get hold of asset worth billions without doing nothin.Think about it chl spent 70m exploring for coal, even if nusantara and salim group spent millions on bribe it was excellent investment for them.Chl totally used as pawns.

[andy] 22/3/2019 11:58

jnbrw,


I agree with all that, well said.

[jnbrw] 22/3/2019 11:43

Neo - point taken.

We have all lost far more than we deserve to. We have been cheated on an epic scale no doubt.

Most here are jaded and despondent. I fully understand that - there is no more energy left.

We have also been played by the charlatans on here. We all know who they were.



Hats off to DQ. We are suffering - but he has been living and breathing this fight for years. He is a true gent and a man of integrity which is something you cannot say of many in the world of business these days.


Whatever is decided, I am sure I speak for many when I say that I am grateful he has lead us through this and he has conducted himself impeccably and with great dignity. Thank you.

[neo26] 22/3/2019 11:23

JnbrwThis will all cost, dilution, already lost big here.It has dented me, i wont be putting in more.

[jack1236] 22/3/2019 11:11

In this interview Noor says he knows about the 'forged documents' but is 'revoking the licences' because of 'forestry' breaches. That's bizarre.

[jnbrw] 22/3/2019 10:58

Neo - I have been puzzled by Stephens silence??

Most uncharacteristic...

[jnbrw] 22/3/2019 10:56

I think we still have options.

Much is obviously dependent upon large shareholders, funding situatio, and if we have any stomach left for any more fight.


We can launch a formal complaint about this abysmal annulment decision.


We can go for revision/ review(?)


We can lobby and publicize the woeful failings and INADEQUACY of the ICSID arbitration process. It is unfit to continue IMO.


We can investigate another legal avenue of redress. e.g. Paris court.

[andy] 22/3/2019 10:46

jhbrw,


Ok so now is the time to go to Paris then.


I think DQ will be up for a continuation, it's a question of funding it and successfully staying the previously awarded and now unstayed $9 million costs.

[jack1236] 22/3/2019 10:44

They have also set a 'new precedent' that employees of the state (Putra) can carry out 'fraud' at whatever level and it's o.k.; no recourse.

[neo26] 22/3/2019 10:43

JnbrwThe german arbiter is 82 years old, he was probably taking a nap the whole time they were discussing the case.Must say im dissapointed.Stephen has run a mile people have realised for what he is, you can find him ranting on eu thread.

[jack1236] 22/3/2019 10:40

I echo JNBRW thoughts; just start from page 49. Then refer back if you have too.

It's a 'magical mystery tour'.

[neo26] 22/3/2019 10:38

Sad think chl cannot do nothing about it. The decision is final.We can assume chl will be discussing with large shareholders of what to do next.They can throw the towel in now.Will be interesting to hear what DQ would say.

[jnbrw] 22/3/2019 10:31

Did they think that nobody would actually read the whole thing?

I am amazed that such "learned" minds would put their name to such a shoddy piece of work.

[jnbrw] 22/3/2019 10:23

Neo - exactly. I have spent the last few days reading the decision in its entirety ( in stages!). It is superannuated legal nonsense . Designed to dazzle and then bore the reader into submission it addresses NONE of the 17 grounds in any MEANINGFUL way.

It does not examine or evaluate our claims. Two thirds of the decision merely regurgitates the chronology of the original panels decision in mind numbing and pointless detail.

The last third then tries to give the air of actually addressing the points but actually ends up referencing and cross referencing the original flawed arguments.

This appeal panel have failed to address anything. No working through of our concerns; no investigation; no evaluation and no analysis.

What was the point? Totally substandard and unsatisfactory.

[neo26] 22/3/2019 10:11

Dont forget kaufmann, hwang and berg have previously sat on another indonesia case prior to chl.Alot of conspiracies around this case, not to mention Sri Multayi also.At the end small chl suffered.

[jnbrw] 22/3/2019 10:10

Andy - I think they are a second level process used when the two ordinary arbitration systems have failed.