The defence teams behind Atlantic Ventures (Isabel dos Santos) and Angola at their ICC Paris arbitration
An arbitral tribunal has ruled in favour of the Angolan state in its dispute with Atlantic Ventures, which is partly owned by Isabel dos Santos, over the awarding of a port concession to carry out a $1.5bn project. Jeune Afrique Business+ gives you the background to the case.
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▪ The defence teams behind Atlantic Ventures (Isabel dos Santos) and Angola at their ICC Paris arbitration
▪ An arbitral tribunal has ruled in favour of the Angolan state in its dispute with Atlantic Ventures, which is partly owned by Isabel dos Santos, over the awarding of a port concession to carry out a $1.5bn project. Jeune Afrique Business+ gives you the background to the case.
▪ https://www.africabusinessplus.com/en/805051/the-defence-teams-behind-atlantic-ventures-isabel-dos-santos-and-angola-at-their-icc-paris-arbitration/
According to the ruling dated 10 July 2020, to which we have had access, the arbitral tribunal appointed by the International Court of Arbitration at the International Chamber of Commerce (ICC Paris) declared itself incompetent to settle the dispute, agreeing with the position defended by the Angolan government.
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