Welcome to the Crystallex HUB on AGORACOM

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

Free
Message: Re: Ven payoffs and the World Bank
4
Nov 26, 2012 08:39AM

Nov 26, 2012 09:51PM
3
Nov 26, 2012 09:55PM
3
Nov 27, 2012 11:02AM

Nov 27, 2012 11:59AM
4
Nov 27, 2012 12:26PM
2
Nov 27, 2012 12:52PM

The system doesn't work like that Civi.

The World Bank doesn't act as a collection agent. It is up to each company to obtain through the courts a judgement against VZ in the country they want the money from.

I know your going to say another hoop and what is to guarantee we will win in court. My understanding is we will have the ISCID judgement and it will be filed in what ever country we are seeking money from. Every country that is part of the ISCID will have to honor the decision and the courts will have to support the ruling as legal.

Our legal guys can probably explain it better.

JJ

3
Nov 27, 2012 05:02PM
3
Nov 27, 2012 06:35PM
2
Nov 27, 2012 11:21PM
2
Nov 28, 2012 12:15AM
Share
New Message
Please login to post a reply