Both proceedings refers to the 2 separate claims at the ICC against Dathomir by AVZ for the 5% and 10% purchases of Dathcom in 2021
Cong is trying to get out of the ICC on jurisdiction because he knows he will lose both cases and be liable for damages to AVZ. If he loses his jurisdiction claim then he will finally fulfil his contractual obligations to transfer the total 15% of Dathcom to AVZ so he can avoid having to pay us compensation and this will all be over well before September 2024 imo
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AVZI submitted its Reply on Jurisdiction on 10 March 2023. Jin Cheng will submit a rejoinder on jurisdiction on 22 March 2023, and the hearing on jurisdiction will take place on 19 - 20 April 2023.
AVZI remains of the view that its jurisdictional challenge will be successful; an award on jurisdiction can reasonably be expected to be handed down mid-2023.
It should be noted that this does not finally determine whether the sale of shares from Cominière to Jin Cheng was effective, which will remain to be determined in separate proceedings.
Hi Carlos, your thoughts on the above two points?