Re: VZ Supreme Court what a joke ............
in response to
by
posted on
Jun 22, 2009 04:46PM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
It has been debated here before but until this all plays out all cards are on the table. Clause nineteen may be a valid reasoning why Kry may do this if this report is accurate. Exhaust the Venezuelan ways before going to Arbitration or using our BIT in any other form of resolution. Who knows anymore.
CLAUSE NINETEEN
The doubts and controversies of any nature that could arise from the execution of this Contract and that may not be resolved in an amicable manner by the Parties, shall be decided by the competent tribunals of the Bolivarian Republic of Venezuela, in accordance to its laws, and they may not give origin to reclamations before foreign tribunals.