Aratiri: Paris Court of Appeal Ruled in Favour of the Uruguayan State
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The Paris Court of Appeal upheld the award in favour of the Uruguayan State and dismissed the claim for $3,536 million linked to the Aratirí mining project. President Jorge Díaz, the pro-secretary of the Presidency, stressed that the resolution is the demonstration that Uruguay is a country that provides legal certainty and respects contracts. The Presidency of the Republic received the communication of the judgement issued by the Paris Court of…
In a press conference, Jorge Díaz highlighted the “seriety” in the “defense of the interests of the Uruguayans” before international demands.The French Justice ruled in favor of Uruguay in the international arbitration initiated in 2017 by members of the Agarwal family, linked to the Aratiri mining project, who were demanding compensation from the State of $3,536 million for the failure...Continue reading...
Montevideo, Oct 29 (Prensa Latina) Uruguay got a historic ruling from the Paris Court of Appeal, which rejected the demand filed by investors of the Aratiri mining project, confirmed today the prosecretary of Presidencia Jorge Díaz. The post Uruguay wins trial by millionaire international lawsuit first appeared on Noticias Prensa Latina.
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