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Dbrown13

09/01/15 6:03 PM

#180904 RE: En2style #180903

"Canada has lost or settled six claims paying a total of $170 million in damages," Out of 36 cases. That is not going to cover it.

zulfo

09/01/15 6:11 PM

#180906 RE: En2style #180903

Great find. Chapter 11 is for foreign investors. CEN Biotech is Canadian company, therefore not a foreign investor. CEN will get nothing.

end user

09/01/15 7:09 PM

#180914 RE: En2style #180903

Funny if it wasn't for me posting this on FB you wouldn't have posted it. How come you didn't post this one

Note that Article 1118, indicates that parties should first attempt to settle a claim through consultation or negotiation, and that should this consultation or negotiation process fail, then disputing investor is required to file a notice of its intention to submit a claim to arbitration at least 90 days before the claim is submitted, provided that six months has elapsed since the event giving rise to the claim.



http://www.taxandtradelaw.com/northamericanfreetradeagreement-nafta.html

So seem to me once again CEN lawyers are applying to early and if they are giving their 90 day notice it means they have given up on the JR.