Re: A little late....Conoco case..17 months after final hearing..
posted on
Nov 13, 2011 08:27PM
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
All the cases I have seen where either the claimant or respondent filed an arbitor disqualification request, they lost.
Additionally, ICSID responded quickly. I would anticipate public knowledge of an ICSID response within 2 weeks since the request date was over 30 days ago. The response being negative to Venezuela's request.
I re-emphasize...Is an award announcement ready for Conoco and Vz. just wanted a tactical delay of 1-2 months? Certainly, a plausible scenario.