Re: Management’s Discussion and Analysis...
in response to
by
posted on
Nov 12, 2009 07:00AM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
gw, in spite of all my negativity as of late i will say this....
IF the CVG was to get it's concession pulled I BELIEVE (after reading a bunch of icsid cases) that this would be construed as a "nationalization" or "breach of contract"...there are numerous cases where govts have used one govt agency to cancel the rights of another just to escape liability to a third party....it never seems to work.
the icsid cases i have read seem to assume that all govt agencies (even corporations run by the govt) are considered "the government of"....