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Gold/Mining/Energy : PAW - Pacific Wildcat Resources Corp
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To: sense who wrote (3398)2/7/2021 8:52:33 PM
From: sense3 Recommendations

Recommended By
LoneClone
longz
Rocket Red

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The optimal outcome seems it would be one that includes a negotiated element in a REASONABLE settlement that avoids locking it up in a perpetual cycle of arbitration... while any such settlement has to both 1) be fully consistent with the law and 2) result in fair treatment of Cortec under the law, without any settlement becoming a vehicle for enabling local corruption or the corruption of government ministers, judges, etc.

What actually does happen will likely depend not only on the outcome in the ruling made on the annulment, but also on the nature and character of the substance and the reasoning behind their taking up the case, first, and accepting the appeal seeking the annulment... if they do annul the award.

Kenya might find it inconvenient to object and continue the dispute through another round of arbitration if there's a risk in "dirty laundry" from the first round being aired... not as a result of the decision made... but as a result of Kenya sustaining the dispute.

Otherwise, I've not kept up with the local news well enough to have any feel for how the situation in the political alignments might have changed in the time while this has been tied up in arbitration. Neither The Star nor The Standard have any recent news items I can find.

But, while poking at it I did note that Clifford Chance has another client, Titanium International... with a similar dispute ongoing with Egypt:

asx.com.au

tantalumint.wixsite.com
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