RE: Massive layoff of Frontera employees3 Jan 2020 15:06
The Contractor refused to pay the additional deposit on the order of the Arbitration Tribunal dated 25 June 2019 and accordingly, the Corporation, in agreement with its Partner, paid a “Deposit” [EUR 150,000] instead of the Contractor.
On September 25, 2019, the Contractor Law Firm notified the Arbitration Tribunal of the termination of service to the Contractor. In this regard, the Contractor requested the postponement of the arbitration hearings scheduled for October 1-11. Notwithstanding the reasonable suspicion of the Contractor for a manifestly dishonest attempt to delay the arbitration process and against the corporation and the Agency, the Arbitration Tribunal upheld the Contractor's claim.