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Re: Lojiko post# 17853

Monday, 10/22/2012 7:09:14 PM

Monday, October 22, 2012 7:09:14 PM

Post# of 26631
Inmet really needs to get this behind them.

In its ruling, ANATI directed MPSA to negotiate with Petaquilla for a friendly agreement for access to such lands, failing which MPSA's sole alternative would be to pursue a resolution through private arbitration with Petaquilla, as provided for in the Petaquilla Law 9.

You do not want to go to arbitration in Panama as a "perceived foreign" company against Panama's largest exporter and the home team. Foreigners lose 100% of the time in this situation. The public will demand no less. It could drag out forever, and the politicians could never let Inmet win. This must be settled soon.
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