The Gold Reserve award against Venezuela has been published

Venezuela breached the Canada-Venezuela BIT by failing to accord fair and equitable treatment to Gold Reserve‚Äôs investment. Venezuela shall pay USD 713,032,000, plus pre-award interest from April 2008 to September 2014 at US Treasury bills interest rates, compounded annually. Post-award interest shall run at LIBOR plus 2%, compounded annually. Venezuela shall pay USD 5 million in legal costs.  http://www.italaw.com/sites/default/files/case-documents/italaw4009.pdf#page188

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J. Eloy Anzola

J. Eloy Anzola lives in Miami, Florida. He is dedicated to international arbitration.
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