NewsTHE REPUBLIC OF PERU
THE PERUVIAN JUDICIARY
COMMERCIAL COURTS
COURT OF APPEALS IN AND FOR LIMA
AV. PETIT THOUARS 4979 – MIRAFLORES
LIMA – PERU
NOTICE Nº 2007-006833-SP-CI
SUBJECT : Annulment of Arbitral Award
Docket Nº : 07157-2006-0-1SC
Current Division: Commercial Division
Reporter : Yenny GARCIA YBAÑEZ
Plaintiff(s) : Compañía de Exploraciones Algamarca
Compañía Minera Algamarca S.A.
Defendant : Minera Sulliden Shahuindo S.A.C.
Addressee : COMPAÑÍA MINERA ALGAMARCA S.A.
P.O. Box : Casilla Nº299, Lima Bar Association
(Colegio de Abogados de Lima)
Enclosed: Ruling Nº63
Attaching the following: A copy of Ruling 63 (August 9, 2007)
(Signed) (illegible) Jesus VILLALOBOS SELSO
Assistant of Legal Notices
Civil Division with Jurisdiction over Commercial Matters
Court of Appeals in and for Lima First Civil Court with Jurisdiction over Commercial Matters
Docket Nº1757-2006
(accumulated with Docket Nº1753-2006)
Annulment of Arbitral Award
For the foregoing reasons and in accordance with the provisions established in paragraph 1), Article 78 of Law 26572 and Article 412 of the Civil Procedural Court,
IT IS HEREBY RESOLVED:
I) TO DECLARE FOUNDED in part the Appeal for the Annulment of the Arbitral Award, filed by Compañía Minera Algamarca Sociedad Anónima by writ on pages 378 to 392.
II) TO DECLARE FOUNDED in part the Appeal for the Annulment of the Arbitral Award, filed by Compañía de Exploraciones Algamarca Sociedad Anónima by writ on pages 883 to 1184.
III) TO DECLARE VOID AND NULL the De Jure Arbitral Award (Resolution Nº214) dated July 19, 2006, issued by the Court of Arbitration “Sulliden-Shahuindo” presided by Jorge SANTISTEBAN DE NORIEGA and comprised by Attorneys-at-law Fernando CANTUARIAS SALAVERRY and Victor AVILA CABRERA, for the annulment of the arbitral award;
IV) TO DECLARE that it is POINTLESS to issue an opinion on the grounds for annulment invoked and contained in paragraphs 2), 6) and 7), Article 73º of the General Arbitration Law; as well as the prior issues referred to in the sentences kept in Dockets Nº 6149-2006-PA/TC, Nº 6662-2006-PA/TC-Lima and Nº 082292006-PA/TC; and ,
V) TO DECLARE REINSTATED the competence and jurisdiction of the Judiciary, unless otherwise agreed by the parties, pursuant to the provisions container in paragraph 1), Article 78 of Law Nº 26572; THE REPUBLIC OF PERU
THE PERUVIAN JUDICIARY
COURT OF APPEALS IN AND FOR LIMA
First Civil Division with Jurisdiction over Commercial Matters
DOCKET Nº1757-2006
(accumulated with Nº1753-2006)
Plaintiffs : COMPAÑÍA MINERA ALGAMARCA S.A. and
COMPAÑÍA DE EXPLORACIONES ALGAMARCA
Defendant : MINERA SULLIDEN SHAHUINDO S.A.C.
Subject : ANNULMENT OF ARBITRAL AWARD
Process : Special
RULING Nº73
Miraflores, August 9, 2007
HAVING REVIEWED THE CASE RECORDS: together with the enclosed Arbitration Docket “Sulliden-Algamarca” kept in Sixteen Volumes containing 7,650 pages, with the specifications of the Record of Delivery dated September 22, 2006, in the matter of the proceeding followed by Minera Sulliden Shahuindo S.A.C. against Compañía Minera Algamarca S.A.
IN THE MATTER OF THE ACTION FOLLOWED BY COMPAÑÍA MINERA ALGAMARCA S.A. AND COMPAÑÍA DE EXPLORACIONES ALGAMARCA S.A. against MINERA SULLIDEN SHAUINDO S.A.C. on the ANULLMENT OF THE ARBITRAL AWARD; with legal costs and fees. Serving Notice thereof.-
(illegible signature)
Edwin Jesús Villalobos Salas
Assistant of Legal Notices First Civil Court with Jurisdiction over
Commercial Matters
Illegible
Seal