Venezuela Again Urges DC Circ. To Nix OK Of $1.2B Award
Law360, New York (October 30, 2017, 4:24 PM EDT) -- Venezuela pushed again Friday with its request that the D.C. Circuit reverse a district court decision confirming a $1.2 billion arbitral award issued to a Canadian gold mining company over a canceled contract, saying the corporation has given the judges no reason to uphold the incorrectly calculated award.
The South American nation threw further support behind its appeal seeking to overturn a D.C. federal court’s decision upholding an April 2016 award issued to Crystallex International Corp. over a terminated mine operating contract, maintaining that an International Centre for Settlement of Investment Disputes tribunal awarded damages in a way that shirked the...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!