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Arbitration – Award. The Commercial Court held, among other things, that, on the evidence, the claimant had been an investor, within the meaning of a bilateral agreement between Venezuela and Canada and therefore entitled to arbitrate a claim against Venezuela concerning mining concessions and mining rights. Consequently, Venezuela had lost its right to rely on state immunity in proceedings brought by the claimant to enforce an award of the arbitral tribunal in Paris. Further, s 12(1) of the State Immunity Act 1978 did not require the service of the arbitration claim form on Venezuela in the manner contended.
Arbitration – Award. The Commercial Court held, among other things, that, on the evidence, the claimant had been an investor, within the meaning of a bilateral agreement between Venezuela and Canada and therefore entitled to arbitrate a claim against Venezuela concerning mining concessions and mining rights. Consequently, Venezuela had lost its right to rely on state immunity in proceedings brought by the claimant to enforce an award of the arbitral tribunal in Paris. Further, s 12(1) of the State Immunity Act 1978 did not require the service of the arbitration claim form on Venezuela in the manner contended.
Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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Not one to say, ‘I told you so,’ Sam Thomas continues his cyber series with the key learnings from the major supply chain attack affecting 80 law firms and at least one set of chambers at the end of 2023
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