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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company. The Company was focused on the development of the Angostura Project in northeastern Colombia, which consists of the main Angostura deposit and its five satellite prospects. The International Center for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.


CSE:EOM - Post by User

Comment by sailor8on Sep 15, 2024 8:02pm
143 Views
Post# 36224796

RE:RE:ICSID webpage shows our "Rectification Proceeding" status

RE:RE:ICSID webpage shows our "Rectification Proceeding" statusIn the best outcome - a case of an anullment - we may need to wait nearly forever as the whole case can start again with another new tribunal... (would be not the worst, as our young head of the tribunal seems to be a bit overstrained for our complicated ~ 1 Billion USD case).

quote: 

Resubmission of Dispute after an Annulment

If an Award is annulled in whole or in part, a party is entitled to request resubmission to a newly constituted Tribunal to obtain a new Award concerning the matter. Either party may start this process by filing a request for resubmission of the dispute, identifying the original Award, and explaining in detail which aspects of the dispute are to be submitted to the new Tribunal (Arbitration Rule 74(1)).

marking added by me. Source:https://icsid.worldbank.org/procedures/arbitration/convention/post-award-remedies/2022
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