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Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company focuses on potential target properties in Canada and the United States. The Company's subsidiaries include Kutisay Mining LLC, Kashka REE Plant Ltd., and SevAmRus CJSC. The Company has not generated any revenue.


TSXV:HRE.H - Post by User

Bullboard Posts
Comment by Kaliahkon Nov 03, 2014 10:26pm
210 Views
Post# 23090955

RE:RE:RE:RE:RE:RE:RE:My attempt to explain where Stans is in its litigation

RE:RE:RE:RE:RE:RE:RE:My attempt to explain where Stans is in its litigation
Are you saying that the Canadian courts will not recognize the advisory decision of the Economic Court of the CIS regarding jurisdiction, and that lack of jurisdiction of the MCCI tribunal is not a prospective defense against enforcement of the award in Canada? It would appear to me that, if jurisdiction could be raised as a defense, the Canadian courts would be inclined to defer to the courts of the CIS for determination of the meaning of the Convention between CIS states, specifically the advisory ruling. My greatest concern is not the decision by the Russian courts but the refusal of the Canadian courts to enforce an award if those decisions reflect their opinion that the MCCI did not have jurisdiction. David's statement reported above stopped short of saying that the Russian court's have no jurisdiction to compel the MCCI to do anything. Your response seems to indicate that in fact they do not have jurisdiction over the MCCI and cannot order the vacation of the award. Do I understand you correctly?
Bullboard Posts