9, 2017. Meaning THO had the right to stay in business and be a going concern, ie
pay their considerable debts off while the new indigenous vote again took place on
whether THO can continue to be a going concern operating silver mine in Guatemala.
https://www.prnewswire.com/news-releases/tahoe-reports-strong-mine-operating-earnings-from-gold-segments-for-third-quarter-2017-300550453.html However the local Guatemala social right's group CALAS that had spear headed
defending the guatemala natives right for a new vote, appealed to the higher
constitutional court that THO does not have the right to be a going concern and pay off
their considerable debt while the new indigenous vote again on whether THO will remain in business.
The Constitutional court said on Oct 10, 2017, no THO can not stay in business while
the new vote was being conducted, and dragged out the new indigenous vote, bankrupting
THO in the process. Since no deadlines were set.
https://www.business-humanrights.org/en/guatemala-constitutional-court-confirms-suspension-of-tahoe-resources-escobal-mine-orders-consultation-process-with-indigenous-peoples "Guatemala: Constitutional Court confirms suspension of Tahoe Resources' Escobal mine & orders consultation process with indigenous peoples. The Constitutional Court of Guatemala confirmed the suspension of Tahoe’s mine Escobal operated by their filial Minera San Rafael. They have a suspension since 2017, communities alleged that they were not consulted and that their rights were allegedly violated."
If you can't remain in business to pay off ongoing huge start up costs, while a new
indigenous vote and one being stalled, is taking place, you go bankrupt.
Apparently something beyond the highest court thinkers, in the land of Guatemala
to realize.