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VI court reverses asset freeze in $6b Reko Diq case bvibeacon.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bvibeacon.com Daily Mail and Mail on Sunday newspapers.
VI court freezes assets in $6b case A Virgin Islands court has frozen shares in two hotels belonging to Pakistanâs national airline in one of the highest-dollar cases ever mediated through the territoryâs courts. The order may … The Roosevelt Hotel in Manhattan, an asset owned by a Pakistani governmental entity, was frozen by VI courts. (Photo: ENRIQUE VASQUEZ/CREATIVE COMMONS) A Virgin Islands court has frozen shares in two hotels belonging to Pakistanâs national airline in one of the highest-dollar cases ever mediated through the territoryâs courts. The order may soon put to the test a new ....
BVI court puts off Reko Diq case hearing till 18th Top Story January 10, 2021 LONDON: The High Court of Justice in the British Virgin Islands (BVI) has postponed the hearing on the enforcement of the US$6 billion award in the Reko Diq case until January 18, and Pakistan International Airlines (PIA) assets registered in the BVI jurisdiction remain frozen. The News has learnt that the hearing on Thursday lasted only for about half an hour and Justice Gerhard Wallbank of the BVI High Court of Justice, after dealing with some procedural matters, fixed the new hearing date for January 18 when Pakistani lawyers will present their case for the first time as the freezing order during the last hearing was issued ex parte. ....
The High Court of Justice (HCJ) in the British Virgin Islands (BVI) has adjourned the hearing of the case regarding the enforcement of the $6 billion ....