Post by
stockfy on Nov 12, 2022 6:26am
PPR, NAFTA and the $180 million compensation
Looking forward to updates from the NAFTA case and the $180 million. The compensation will move PPR a lot. It's about time that we have some news from the jury.
Comment by
Buyreallow on Nov 12, 2022 7:27am
I would not hold my breath, however, as this arbitration was filed in September 2013, that's 10 years ago. And the claim is for $118,000,000. Not sure what any settlement would do to account for inflation.
Comment by
filefish on Nov 12, 2022 2:45pm
If the debt and the production numbers remain on their current trajectories PPR will be lucky to be around long enough to realize the benefit of a settlement, if any.
Comment by
stockfy on Nov 14, 2022 5:24am
The case is for $180 million, not $110 million. Do your research to confirm.
Comment by
Buyreallow on Nov 14, 2022 6:52am
The NAFTA claim is for $118.9 US. (About $158 mill Cdn) https://www.international.gc.ca/trade-agreements-accords-commerciaux/topics-domaines/disp-diff/lone.aspx?lang=eng