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Posted by Looed on the 18th May :-

Another statement from Hogan Lovells
Pt.1

The international court is very clear and not subject to interpretation," - responds Frontera issue processes and incorrect information dissemination efforts to the international law firm Hogan & Lovells-'s lawyer Carl poernbakheri that the Oil and Gas Corporation and the State Agency for Oil and Gas Frontera's interests against the current international arbitration dispute defending.

Hogan & Lovells responded to Frontera's claims that the arbitral tribunal had rejected the corporation's and the agency's request to terminate the contract. According to the company, such a request has not been made and could not have been made, as the Georgian side has the right to do so only if the arbitral tribunal upholds a substantial breach of contract by the Frontier.

According to Hogan & Lovells, after the arbitral tribunal upheld the claim of the corporation and the agency and found a substantial breach of contract by the Frontera, the Georgian side had full right to decide to terminate the contract and a proper notice was sent to it. The company explains that this decision is irreversible and cannot be denied even if the area is returned by the Frontera. All of the above is confirmed by the motivational part of the arbitral tribunal's decision, which also testifies to the fact that the arbitral tribunal was aware of the objectives of the corporation and the agency's request for substantial violation and its consequences.

Carl Fairnbacher could not hide his surprise at the attempt to politicize the community, saying there had been no such case during his 20-year practice.

"The decision is quite clear and will not be interpreted. The Georgian side has made a proposal to make the decision public so that it can be made available to the public, and discussions on this issue have come to an end, although the Fronter has refused to do so and has preferred to make incorrect statements about the content of the decision. The whole discussion about who is the winner is completely useless and irrelevant. The demand of the Georgian side included 3-4 main issues: the issuance of an order on the concession of almost 99% of the first territories, which the Frontera had to do back in November 2017, and since then it has refused to do so; The second was to prove that the Frontier had substantially breached the contract; The third is the issuance of an order by the Frontera regarding the reimbursement of legal costs related to the process.

Posted by keysersoze on the 18th May :-

Continued
Ivanishvili has committed the greatest crime against our economy, national wealth. Now that the whole world had stopped because of the pandemic, it was still continuing to take our gold, silver, and copper stolen from the blown-up throne, and none of that white came into our budget. These sanctions, the process of which is beginning, mean that what has taken away from our people, the return of everything, to all the citizens of Georgia. Thanks again to Senator Bess, Congressman Malin, Mr. Rich, everyone, but what Ted Cruz has done, along with his fellow senators and congressmen, is a historic event and a historic blow to the oligarchs. Were it not for such a reaction, the Georgian people would have had to make great sacrifices to get rid of the oligarch and regain their freedom, as Bidzina Ivanishvili and his patrons from the Kremlin are ready for a civil war if possible. All these ways, to save her, are securely locked! congratulations.

Seperate article

If the government does not come to its senses in time, it will end very badly for it

Nino Burjanadze, chairwoman of the United Georgia-Democratic Movement, believes that if the government does not resolve its relations with its Western partners in time, it will end very badly for the ruling team. With this comment, Nino Burjanadze responded to a letter written by US senators and congressmen to the US Secretary of State, which spoke about the dangers of Georgia's pro-Western.

"It is very unfortunate that the government has done everything in its power to question the government's partnership with the international community. It is very unfortunate that the government has made very serious mistakes. From partners N, it is a very alarming signal for the government. I do not know how much the Georgian government is fully aware of this, but if the government does not come to its senses in time, it will end very badly for him, "- said Nino Burjanadze.

Recall, U.S. senators and congressmen have written to U.S. Secretary of State Mike Pompeo and Finance Minister Stephen Munchin. The main topic is "Frontera" and the activities of American companies in Georgia. "The interests of American business and national security are being undermined in the country.

The problems of governance have directly undermined the ability of American companies to work and deepen our relationship with Georgia," said Ted Cruz and John Cornin.

Posted by keysersoze on the 18th May :-

New Article?
Georgian Labor Party
Ted Cruz's letter marks the beginning of Ivanishvili's return. Shalva Natelashvili responds to US Senator Ted Cruz's letter with special briefing

Shalva Natelashvili:
- A turning historical day has come for the future victory of our homeland.
The rising star of American politics, Senator Ted Cruz, has fulfilled a number of promises made to me to stand by the Georgian people in the fight against the oligarchy and the Russian Empire, and to raise the guillotine of financial sanctions on Ivanishvili. A corresponding letter-appeal has been sent to the United States Government. The government has very little time left to enjoy power. I promise Oligarch Ivanishvili that the wealth and property seized by him will be returned to the Georgian people, and the sword of sanctions will not be removed from his neck until he brings everything he took from our people.
Do you remember that in 2012-13, when I started working with the American political elite on sanctioning Ivanishvili, on the threats that threatened Georgia from him, some of us laughed well, some of us laughed. We could not imagine that today we would read in the document signed by the leading American politicians about the start of sanctions against Ivanishvili. This letter is about the beginning of this process and it will definitely continue.
The letter-appeal is fully substantiated and presents not only an analysis of the issues facing Georgia, but also the chronology of the steps taken by Ivanishvili-Putin against the interests of all our allies in the West and the United States.
Anaklia: Of course, at the mention of the port of Anaklia, Putin did not sleep day and night, because NATO and American military boats and submarines would enter there and endanger this lord of Abkhazia near our cold-watered Abkhazia.
So they blocked not only the port of the greatest economic importance, which would be a window to the whole world for the whole region and a huge income for Georgia.
"Frontera" - an American company from Texas, which has found so much gas in the Shirak Valley, that it affects not only Georgia but also half of Europe. All over the world, including in the Caucasus region, either Iranian energy is crucial, or Azerbaijan Lee Oil. We should not depend on anyone, we should have ours. That's what "our" Frontera found and that's why they went bankrupt.

Posted by seisprocessor on the 17th May :-

Good find Chris!
Quite a long article on Georgian TV there with lots of discussion. I'm still trying to download it, but from what I could see from lots of start/stop footage, it starts off talking about the letter from Ted Cruz, then references the allegations about Iran and sanctions. Then goes on to discuss the legal dispute with GOGC with footage of piles of rusty and derelict equipment, nodding donkeys etc from Mirzaani only. They show a scan of the first and last page of the arbitration award, with signatures of the 3 judges on 17 April 2020. How did the TV station get copies of these? There's interviews with GOGC who are reading the CPR from NSA with various bits highlighted in green (sorry, I couldn't make it out). They then show a fax dated 29 April 2020 sent to FRR and LEPL requesting permission to release the full transcript and shows both ZM and SN's personal emails.!! Then the lawer from Hogan Lovells is interviewed from home ( translation given by DomFok), and followed by documents from Open Secrets showing fees paid for lobbying by FRR including one for USD 60k paid.
So nothing about Taribani here so far.

Posted by regdik on the 17th May :-

Well done all on some great finds

Couple of things – A lawyer giving such a short brief on 4 points? So why not comment on the 152 page judgement?

I would like to raise a couple of observations
First FRR have said they would release the 99% but at the last possible moment (GG have forced 27Th July). Once the Arbitration started this would freeze the disputed ownership until a Judgement was made and GG won and they would ask for value of the O&G from this area and by what has been muted this seems the case. But this is the area of the old nodding donkey wells dribbling a barrel or two per day (less production costs)
The judgment ruled that FRR therefore was in breach of its contract but only awarded GG 99% and this judgement over rules the PSA
Cost are a fuzzy area and will be fully detailed in the judgement
FRR removed the counter claim prior to judgement so this is Lawyer playing to an audience.
A government has show a history of lack of cooperation towards FRR since the Dream team came to power so by definition this political

Not the fine detail I would expect from lawyer just a rehash

The last post was by Chris572 and not Looed.

Posted by DomFok on the 17th May :-

On what Chris just found.
Lawyer Carl Pierre Bacher: "Frontera" tried to politicize this case from the very beginning

https://imedinews.ge/ge/ekonomika/143022/iuristi-karl-piorn-bakheri-prontera-dasatskisidanve-tsdilobda-am-saqmis-politizirebas

TV Week" exclusive interview with an international law firm " Yeah it lovelsis " partner, lawyer Carl piorn bakhers that " Frontera " against the current international arbitration dispute of oil and gas company interests.

The lawyer explains that the demands of the Georgian side provided for 4 main issues:

The first concerned the issuance of a decree on the concession of almost 99% of the territories, which " Frontera " had to do in November 2017, and since then it has refused to do so. The second was to prove that Frontera had substantially violated the contract. Third - imposition of legal costs related to the process for " Frontera ". In addition, Frontera has filed a $ 3.5 billion lawsuit against Georgia, and our fourth task was to protect Georgia from this lawsuit , ” Bakher said .

According to him, in Stockholm, the court granted all four requests of the Georgian side, so the continuation of any dispute is unfounded. Bakher says Frontera never intended to sign the contract and is now trying to politicize the commercial dispute .

"Our dispute is of a purely commercial nature, regarding the commercial contract. It was reviewed by the International Arbitration Tribunal, which consisted of 3 very high-ranking international arbitrators . Stockholm was designated as the venue for the process . None of the arbitrators or judges were Georgian. One of them was a Swiss, the second a German living in London, and the third a US citizen. All three of them ruled on this commercial dispute. The Georgian side now wants to enforce this decision. From the very beginning, Frontera tried to politicize this caseAlthough this is not a political issue and a dispute, it is a commercial dispute and it was decided on the basis of legality. The Georgian side expressed its readiness to agree to any arbitration decision from the very beginning. Now the decision has been made and we hope that Frontera will implement this decision, ” Bakher said .

Posted by bugsy-b on the 17th May :-

Looed... "The Georgian Oil and Gas Corporation responds to the senators' letter. The organization reiterates that the International Arbitration Court has not acquitted Frontera at any point. According to the corporation's advisor, they appealed to the " Frontera " arbitral award, which was rejected. According to him, this is not the first time that an American company has launched an aggressive campaign using lobbyists. The goal, according to the Gas and Oil Corporation, is the personal interest of Frontera to reconsider the decision.

"Whatever their goal, they still have the political pressure on the Georgian side to stay in the region. On July 27, the deadline expires and the company will lose its rights to conduct oil and gas operations in the contracted area and these results must be avoided," Georgia said. Vazha Khidasheli, Corporation Advisor .

To remind you, US senators and congressmen will address the Secretary of State of the United States Mike Pompeo and the Minister of Finance Steven Mnuchin . The main topic is "Frontera" and the activities of American companies in Georgia.

"The country is grazing American business and national security interests. governance problems directly undermine American companies the chance to work and to deepen our relations with Georgia," - said in the letter, which is signed by Ted Cruz, and John kornini House of Representatives members, Jody arington with and markvein Malin together with.

The Georgian side terminated the contract with the American energy company " Frontera " in April. The dispute between the Georgian side and " Frontera " took place in the arbitration tribunal, where the Georgian State Oil and Gas Agency and the Oil and Gas Corporation accused the American company of violating the 1997 agreement.

According to the Georgian Oil and Gas Corporation, the tribunal found that the Frontera had violated the terms of the contract by refusing to return the search area to the state . The company was instructed to reimburse the fee for the use of natural resources paid by the Oil and Gas Corporation and to reimburse the plaintiffs for the costs of the arbitration dispute"

Posted by Looed on the 17th May :-

More from the GOGC
The Georgian Oil and Gas Corporation responds to the senators' letter. The organization reiterates that the International Arbitration Court has not acquitted Frontera at any point. According to the corporation's advisor, they applied to the "Frontera" arbitration for the announcement of the decision, which was rejected. According to him, this is not the first time that an American company has launched an aggressive campaign using lobbyists. The goal, according to the Gas and Oil Corporation, is the personal interest of Frontera to reconsider the decision.

"Whatever their goal, they still have the political pressure on the Georgian side to stay in the region. On July 27, the deadline expires and the company will lose its rights to conduct oil and gas operations in the contracted area and these results must be avoided," Georgia said. Vazha Khidasheli, Corporation Advisor .

Recall, U.S. senators and congressmen have written to U.S. Secretary of State Mike Pompeo and Finance Minister Stephen Munchin. The main topic is "Frontera" and the activities of American companies in Georgia.

"The interests of American business and national security are being undermined in the country. The problems of governance have directly undermined the ability of American companies to work and deepen our relationship with Georgia," said Ted Cruz and John Cornin.

The Georgian side terminated the contract with the American energy company "Frontera" in April. The dispute between the Georgian side and "Frontera" took place in the arbitration tribunal, where the Georgian State Oil and Gas Agency and the Oil and Gas Corporation accused the American company of violating the 1997 agreement.

According to the Georgian Oil and Gas Corporation, the tribunal found that the Frontera had violated the terms of the contract by refusing to return the search area to the state. The company was instructed to reimburse the fee for the use of natural resources paid by the Oil and Gas Corporation and to reimburse the plaintiffs for the costs of the arbitration dispute.

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