"Last week the Court of Appeals more than doubled the compensation - TopicsExpress



          

"Last week the Court of Appeals more than doubled the compensation amount set by the Pasay City Regional Trial Court, from the net sum of over $116 million to more than $371 million at six percent legal interest as of last July 31. The government is expected to challenge the ruling, and the case could still reach the Supreme Court, where a final ruling could take a few more years. Piatco’s German partner Fraport AG still has a pending arbitration case against the Philippines, currently back to square one, at the World Bank’s International Center for Settlement of Investment Disputes in Washington."
Posted on: Sun, 11 Aug 2013 22:53:55 +0000

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