International Centre

Perenco registers Award debt owed by Ecuador in Singapore and UK

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星期五, 八月 26, 2022

ICSID, High Court of Justice, Republic, International Centre, Government, Award, Settlement, International Centre for Settlement of Investment Disputes, State, Justice, LONDON, Committee, Freezing, High Court, Security (finance), Bank, Pharmaceutical industry, Perenco

LONDON, Aug. 26, 2022 /PRNewswire/ -- Perenco confirms that it has registered the Award owed to Perenco by the Republic of Ecuador in The General Division of The High Court of The Republic of Singapore. The Award is also registered in The High Court of Justice in the UK. This action, which is in keeping with Perenco's stated strategy of enforcing its payment rights in multiple jurisdictions, would allow for Ecuadorean accounts in these jurisdictions to be frozen and trading payments and receivables to be seized, in order to satisfy the outstanding Award debt.

Key Points:

Further step taken to enforce payment rights against Ecuador, which remains in full default on its US$412m debt to Perenco
LONDON, Aug. 26, 2022 /PRNewswire/ -- Perenco confirms that it has registered the Award owed to Perenco by the Republic of Ecuador in The General Division of The High Court of The Republic of Singapore.
The Award is also registered in The High Court of Justice in the UK.
Perenco's further action arises from the continuing non-payment by Ecuador of a US$412m debt, the revised amount awarded to Perenco in May 2021 by the International Centre for Settlement of Investment Disputes ("ICSID") Committee.
By enhancing and developing local resources, Perenco supports the economic growth and human development in each of the 15 partner countries where it operates.

AVD victorious in international arbitration against AVID Holdings (dba: AVEO) a Jonathan Carfield company

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星期五, 八月 12, 2022

After repeated breaches of contractual obligations by Carfields company AVID Holdings, AVD initiated arbitration proceedings in 2021.

Key Points:

After repeated breaches of contractual obligations by Carfields company AVID Holdings, AVD initiated arbitration proceedings in 2021.
The International Centre for Dispute Resolution of the American Arbitration Association issued a binding Final Award in which it concluded that Carfield had caused AVID Holdings to commit numerous breaches of its agreement with AVD.
Despite the ruling, Carfields company, AVID Holdings, remains in breach and continues to accrue debt.
AVD takes these actions seriously and will enforce its rights in the US and under international law against AVID Holdings, Carfield, and anyone who acts in concert with them.

GCM Mining Announces Second Quarter and First Half 2022 Results

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星期四, 八月 11, 2022

GCMs gold production from its Segovia Operations totaled 53,198 ounces in the second quarter of 2022, up 2% over the second quarter last year.

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GCMs gold production from its Segovia Operations totaled 53,198 ounces in the second quarter of 2022, up 2% over the second quarter last year.
For the first half of 2022, gold production was 103,149 ounces compared with 103,684 ounces in the first half last year.
Adjusted EBITDA NG amounted to $45.9 million for the second quarter of 2022 compared with $48.0 million in the second quarter last year.
The Company reported net income of $39.0 million ($0.40 per share) in the second quarter of 2022 compared with $29.8 million ($0.41 per share) in the second quarter last year.

AVD victorious in international arbitration against AVID Holdings (dba: AVEO) a Jonathan Carfield company.

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星期二, 八月 9, 2022

Cannabis, Natural Resources, Emerald, Industry, CEO, American Arbitration Association, AVD, Absorption, Knowledge, History, HAACP, Cannabis, Safety, International law, International Centre, Heat, Solution, Property management, Environmental remediation

After repeated breaches of contractual obligations by Carfields company AVID Holdings, AVD initiated arbitration proceedings in 2021.

Key Points:

After repeated breaches of contractual obligations by Carfields company AVID Holdings, AVD initiated arbitration proceedings in 2021.
The International Centre for Dispute Resolution of the American Arbitration Association issued a binding Final Award in which it concluded that Carfield had caused AVID Holdings to commit numerous breaches of its agreement with AVD.
Despite the ruling, Carfields company, AVID Holdings, remains in breach and continues to accrue debt.
AVD takes these actions seriously and will enforce its rights in the US and under international law against AVID Holdings, Carfield, and anyone who acts in concert with them.

Perenco freezes all Luxembourg bank accounts associated with Ecuador sovereign bond coupon payments

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星期一, 八月 1, 2022

Group, International Centre for Settlement of Investment Disputes, CITES, State, Walter E. Washington Convention Center, Government, Risk, ICSID, International Centre, Settlement, Award, Freezing, Republic, Security (finance), Pharmaceutical industry, Perenco

LONDON, Aug. 1, 2022 /PRNewswire/ -- Perenco has today successfully frozen all Luxembourg bank accounts used by the Republic of Ecuador to make coupon payments in respect of its 2030, 2035 and 2040 sovereign bonds, raising the possibility of the country defaulting on its bond coupon payments and its obligations to bondholders and creditors.

Key Points:

LONDON, Aug. 1, 2022 /PRNewswire/ -- Perenco has today successfully frozen all Luxembourg bank accounts used by the Republic of Ecuador to make coupon payments in respect of its 2030, 2035 and 2040 sovereign bonds, raising the possibility of the country defaulting on its bond coupon payments and its obligations to bondholders and creditors.
The freezing of bank accounts in Luxembourg from which payments are made on Ecuador's bond coupons serves to highlight the risks the international investment community faces in any dealings with Ecuador, and sees the country put its own creditworthiness at risk.
Unless and until Ecuador fulfils its obligations under the Washington Convention and its express undertaking to pay Perenco in full, Perenco has been left with no choice but to take steps to enforce its payments rights against Ecuador in Luxembourg and other jurisdictions.
By enhancing and developing local resources, Perenco supports the economic growth and human development in each of the 15 partner countries where it operates.

Perenco freezes all Luxembourg bank accounts associated with Ecuador sovereign bond coupon payments

Retrieved on:

星期一, 八月 1, 2022

LONDON, Aug. 1, 2022 /PRNewswire/ -- Perenco has today successfully frozen all Luxembourg bank accounts used by the Republic of Ecuador to make coupon payments in respect of its 2030, 2035 and 2040 sovereign bonds, raising the possibility of the country defaulting on its bond coupon payments and its obligations to bondholders and creditors.

Key Points:

LONDON, Aug. 1, 2022 /PRNewswire/ -- Perenco has today successfully frozen all Luxembourg bank accounts used by the Republic of Ecuador to make coupon payments in respect of its 2030, 2035 and 2040 sovereign bonds, raising the possibility of the country defaulting on its bond coupon payments and its obligations to bondholders and creditors.
The freezing of bank accounts in Luxembourg from which payments are made on Ecuador's bond coupons serves to highlight the risks the international investment community faces in any dealings with Ecuador, and sees the country put its own creditworthiness at risk.
Unless and until Ecuador fulfils its obligations under the Washington Convention and its express undertaking to pay Perenco in full, Perenco has been left with no choice but to take steps to enforce its payments rights against Ecuador in Luxembourg and other jurisdictions.
By enhancing and developing local resources, Perenco supports the economic growth and human development in each of the 15 partner countries where it operates.

World Anti-Doping in Sport Thematic Research Report 2022 with an Overview of the Sport's History with the Issue - ResearchAndMarkets.com

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星期五, 六月 24, 2022

Due to these scandals, most sports now have anti-doping programs to catch out cheats, with athletes regularly being subjected to drug tests.

Key Points:

Due to these scandals, most sports now have anti-doping programs to catch out cheats, with athletes regularly being subjected to drug tests.
Some athletes have complained about the sometimes intrusive nature of the tests, but many see this as a necessary evil to keep sport clean.
The Russian Olympic teams have been other frequent guilty offenders, with another recent scandal occurring as recently as the 2022 Winter Olympics.
This report provides an overview of the history of doping within sport, and the ongoing challenges that sport faces to eliminate it.

Global Air Suspension Compressor Market to 2027 - Size, Share & Industry Trends Analysis Report - ResearchAndMarkets.com

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星期五, 六月 3, 2022

The "Global Air Suspension Compressor Market Size, Share & Industry Trends Analysis Report By Vehicle Type, By Sales Channel, By Regional Outlook and Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.

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The "Global Air Suspension Compressor Market Size, Share & Industry Trends Analysis Report By Vehicle Type, By Sales Channel, By Regional Outlook and Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.
The Global Air Suspension Compressor Market size is expected to reach $3 billion by 2027, rising at a market growth of 6.6% CAGR during the forecast period.
The air suspension compressor is a part of the car suspension system that keeps the driver comfortable while driving.
The vehicle's air suspension system is powered by an electric or engine-driven air pump or compressor.

ACAMS Australasia Conference Takes Deep Dive on AFC Priorities and Risks with More than 30 Expert Speakers

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星期三, 六月 1, 2022

The events keynote speakersNicole Rose,PSM, CEO of AUSTRAC, and David Shannon, Director of Mutual Evaluations for the Asia/Pacific Group on Money Launderingwill also outline anti-financial crime (AFC) priorities across the region.

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The events keynote speakersNicole Rose,PSM, CEO of AUSTRAC, and David Shannon, Director of Mutual Evaluations for the Asia/Pacific Group on Money Launderingwill also outline anti-financial crime (AFC) priorities across the region.
To do that, the financial sector and government will need to work together to share compliance knowledge and best practices.
ACAMS is the largest international membership organization dedicated to providing opportunities foranti-financial crime (AFC) education, best practices, and peer-to-peer networking to AFC professionals globally.
The associations CAMS certification is the gold-standard qualification for AFC professionals, while the CGSS certification is its premier specialist qualification for sanctions professionals.

"The father of the legal industry,” Steve DeAngelo, to be inducted into the Hall of Fame at O’Cannabiz Awards at Casa Loma, June 1, 2022

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星期四, 五月 26, 2022

For these reasons and many more, DeAngelo is being given a Lifetime Achievement Award and inducted into the Hall of Fameat the OCannabiz Awards at Casa Loma, June 1, 2022.

Key Points:

For these reasons and many more, DeAngelo is being given a Lifetime Achievement Award and inducted into the Hall of Fameat the OCannabiz Awards at Casa Loma, June 1, 2022.
DeAngelo, whos been dubbed The father of the legal industry, will also be a Keynote Speaker at the conference.
Ironically, what was once called the Devils weed, has inspired its share of angels, says OCannabiz president Neill Dixon.
I cant think of a more positive and impactful person to enshrine in our Hall of Fame.