ConocoPhillips has settled with PDVSA

WILLEMSTAD--ConocoPhillips said it reached a settlement with Curaçao’s Isla refinery operator “Petroleos de Venezuela” PDVSA to recover US $2 billion, the full amount awarded by an arbitral tribunal convened under the rules of the International Chamber of Commerce, plus interest.
 
The US oil company said state-run PDVSA agreed to recognise the judgment and make a US $500 million initial payment within 90 days, with the balance to be paid quarterly over four-and-a-half years. As a result of this settlement ConocoPhillips will suspend legal enforcement actions relating to the award.
 
The American firm has a separate and independent legal action pending against Venezuela's government before a tribunal under the World Bank's International Center for Settlement of Investment Disputes.

Boetes OM voor “niet-registreren” makelaars en autohandelaren

WILLEMSTAD - Naar aanleiding van een aangifte van de FIU (Financial Intelligence Unit Curacao) in april 2019, heeft het OM 44 transactievoorstellen doen uitgaan naar makelaars en autohandelaren.

Gezaghebber Bonaire wordt niet vervolgd

KRALENDIJK - De gezaghebber van Bonaire, de heer E.E. Rijna, wordt door het Openbaar Ministerie niet vervolgd wegens overtreding van vergunningvoorschriften door het bedrijf Bon Recycling BV.

Intelligence Center Sint Maarten formalized

PHILIPSBURG--The cooperation agreement for the formalization of the Intelligence Center Sint Maarten (ICSM) was officially signed on Friday, June 14th, 2019.