Query re Arbitration result timeline7 Apr 2020 00:37
Is there an official line regarding the time it takes for the final decision to be made by arbitration once both parties have submitted their final submissions.
I appreciate some have mentioned it could take 6 months while others expect result in April. However is there anything on the arbitrators website or is there any previous cases we can go by to get an idea when result is likley due?
Patience is waining, I hope it won't carry on like this for months.
Zaza please just one update I.e. when you expect an update...
Please read what I said. You're more at risk if u have underlying health issues, but ur not immune if you font have health issues. I know of a couple of people in their 30s in intensive care/ coma.
I think the last time the website was backup within the week. I too will be worried if it remains down more than a week. This is a critical juncture, georgia public have been given a televised a appearance by Zaza for the site to go down soon afterwards would raise questions for them and everyone else.
Australian investor withdraws ECT claim against Georgia. 2019 An Australian energy company has discontinued its US$24 million Energy Charter Treaty claim against Georgia over the termination of a contract for an oil and gas block. Xxxxxxxx
Georgia faces claim over deep-water port 16 January 2020 An international consortium has threatened to launch arbitration proceedings against Georgia after the state cancelled its contract to develop a deep-water port.
"ICSID is part of what is known as the Investor State Dispute Settlement (ISDS) mechanism, which was formed to address the grievances of foreign investors.
The controversial system allows multinational companies to sue countries - but the countries can’t sue the companies. "
Different industry (Mining ) - 3 person tribunal . Some similarities.
“There is no doubt the mining company invested in the project. They built an entire airfield and there used to be daily flights bringing in engineers and supplies,” says Sardar Shaukat Popalzai, head of a Balochistan-based think tank.
Nice hearing from you, sorry to hear about you're fathers condition. We all go through trials in life, it's how you deal with them that makes you stronger, stay patient.