Cloudified Share Discussion Threads

[jack1236] 03/4/2019 12:09

The European Commission can look into the case if invited to do so; as a non disputing party.

[neo26] 03/4/2019 11:45

Nick Bolivia went to paris and got partial annulment of an award against rusuro. That case was in icsid...

[nick2412] 03/4/2019 09:40

I don't like to dampen hope, even if is only faint hope, however, those who think the case can be brought to Paris need to read this below.

UNCITRAL follow something called Model Law which allows a party to go to a domestic court and try and achieve a 'set aside'. ICSID doesn't appear to have any scope for this. So, unless there is a loophole or the administrators attempt to sue the arbitrators or ICSID (probably immune), then I don't see any avenue for further action although the appointment of experts in 'contentious administration' is interesting. Would be delighted to be proved wrong:-



11.127 Under Article 53(1) of the ICSID Convention, ICSID awards ‘shall be binding on all parties and shall not be subject to any appeal or to any other remedy except those provided for in this Convention’. Article 54(1) of the ICSID Convention requires state parties to ‘recognize an award rendered pursuant to [the] Convention as binding and enforce the pecuniary obligations imposed by that award within its territories as if it were a final judgment of a court in that State’. The remedies mentioned in Article 53(1) are restricted to annulment, revision, or interpretation of an award, and they can be obtained only through ICSID. Thus only an ICSID annulment committee may annul the award. Setting aside or any other review of ICSID awards by domestic courts is not available.

[andy] 03/4/2019 09:37

Jamie,


"This donkey is not coming back to life."


A certain Monty Python episode springs to mind................

[nico115] 03/4/2019 06:52

"The admin route is a blinder if we can get to Paris and cover costs."Wow so we are still going to get paid out??!!!Shame we are suspended as it means we aren't able to buy more stock : (

[jamie414] 03/4/2019 01:15

Andy,It was always a PUNT for those that were not originally invested before the SHTF.A PUNT! talk about clutching at straws! it's the dead donkey now and people are trying to give it CPR.This donkey is not coming back to life.Those that over exposed themselves only have themselves to blame sorry to say.

[jamie414] 03/4/2019 01:11

Wulber, CC will have been paid! No doubt about that lolYou are clutching at straws with Stephen. It's gone, your dosh is gone and all our dosh is gone.It seems only you and Mr Benn have hope and seem to not be able to move on.Take it as a lesson learnt and use your energy to make the losses back elsewhere.This BB will be gone soon and I wish everyone the very best (apart from Stephen, Derek and Roger)

[andy] 02/4/2019 22:40

jamie,


Well he's virtually the only one seeing anything positive here now, and unbelievable he thinks the ROI is going to come up with an OOCS to save face!


I don't think benevolence is high on their agenda personally.

[neo26] 02/4/2019 16:30

So next monday we are in administrators hand.

[wulber] 02/4/2019 14:10

Nobody Neo, just assume matters now frozen in admin.

[neo26] 02/4/2019 14:05

WulberWho said they havent been paid?

[wulber] 02/4/2019 13:31

The admin route is a blinder if we can get to Paris and cover costs.$10mn to ROI gets stalled in its tracks, but just need confirmation from CHL in an RNS now, if Paris is a viable option.The silver lining for me is that CC have to maintain their reputation and haven't been paid a bean so far!They want their pound if flesh l would have thought.

[jamie414] 02/4/2019 00:56

You should offer to buy peoples share certificates? we will all get something back and you can wallpaper your entire flat with them.

[jamie414] 02/4/2019 00:51

That will be Stephen, we are leaving him with the light switch lol

[jamie414] 02/4/2019 00:50

He nailed it alright! only positive is if you see him pop up on a share BB again SELL lol straight away.There is nothing worse than an idiot who pretends and believes he knows it all.

[jamie414] 02/4/2019 00:44

Only one April Fool Mr Benn...The bloke that somehow is taking going into admin as a positive thing lolKeep hold of the betting slip! one day it will come good :-D

[judijudi] 01/4/2019 22:54

Flogging a dead Horse
Ta Ra
xxx

[h2owater] 01/4/2019 21:44

Should never have suspended after the 1st result At least we could have got with something!Stupid management Last one switch off the lights!!!!

[neo26] 01/4/2019 16:26

how many regency does borneo have? if it was 2006 Ishak was the regent at the time.

[jack1236] 01/4/2019 16:09

neo

I can't find anything; their's date back to 2006.

[neo26] 01/4/2019 16:07

Cant see any paperworks regards the case on the website.Interested to see who they overlapped with?Anyone related to salim group or nusantara group...

[jack1236] 01/4/2019 14:25

Neo

That's a different one; although that seems like a good idea. lol

[neo26] 01/4/2019 14:23

the Hague court was suppose to be good or is that just for dictators we dont like?