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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

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Message: GRZ

It seems more likely that ICSID, in the GRZ case, will issue a combined ruling on merits and damages. On July 25, 2012, six months after the hearing was held, the Tribunal issued a procedural order requesting further testimony from Gold Reserve’s and Venezuela’s experts on quantum issues. If the contemplated ruling was going to be bifurcated, why would there be any need to address the quantum issues before a ruling on the merits?

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