Post by
MacBook on Feb 21, 2024 2:38pm
Red Eagle
https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/18/12
January 20, 2024 The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1)
Red Eagle decision could be due within 90d
glta
Comment by
NaturalCurrency on Feb 21, 2024 8:01pm
Thanks MacBook. Do you think they both might be connected?
Comment by
MacBook on Feb 21, 2024 9:45pm
Red Eagle had concessions along soto norte and eom. It acquired some abandoned galway/minesa claims bordering soto norte after batista hit the wall. RE also had an active site in Vetas near galway. Separatley Galway also has their icsid claim pending for Vetas.
Comment by
sailor8 on Feb 26, 2024 9:20am
Sorry, I was too much exited about the "Red Eagle -ICSID" finding and in my quick search I did not realize, that this hearing was 1 Year ago in 2023 ! So please ignore my former posting about a hearing completely. Sorry again.
Comment by
TiredofWating on Feb 26, 2024 2:33pm
No worries. We need something to occupy our time!
Comment by
rdpsims on Feb 26, 2024 5:31pm
This post has been removed in accordance with Community Policy
Comment by
Bountyhunter11 on Mar 01, 2024 11:59am
Red Eagle Update: February 28, 2024 - The Tribunal renders its award; attached to the award are a dissenting opinion by arbitrator Jos Martnez de Hoz and a declaration by arbitrator Philippe Sands.
Comment by
NaturalCurrency on Mar 04, 2024 2:08am
I could not find any details of the award. Does anyone know?
Comment by
COCornelius on Mar 04, 2024 8:05am
Red Eagle lost and has to pay some of Colombia's legal fees.