Winshear Gold Corp v Tanzania ICSID Case No. ARB/20/25 - Procedural Order No 3 - Decision on Claimants' request that Respondent be ordered to pay its share of the advances - 19 November 2021
Country
Year
2021
Summary
Reproduced from www.worldbank.org/icsid with permission of ICSID.
Decision on Claimants' request that Respondent be ordered to pay its share of the advances
...
IV. DECISION
26. For the reasons above, the Tribunal:
a. Denies the Request;
b. Takes note of the Respondent's default since 6 October 2021, to pay its share of the initial advance payment in the amount of US$ 150,000;
c. Invites the Claimant to pay the outstanding amount of US$ 150,000 within 15 days, i.e. by 4 December 2021; d. Reserves its decision on the costs associated with the Request for a later stage.
[signed]
Gabrielle Kaufmann-Kohler
President of the Tribunal
19 November 2021