Center for International Environmental Law (CIEL), “Submission of Amicus Curiae Brief to Pac Rim Cayman LLC v. Republic of El Salvador, ICSID Case No. ARB/09/12,” May 20, 2011, available at: http://www.ciel.org/Publications/PAC_RIM_Amicus_20May11_Eng.pdf ...
... Salvador. The authors describe Pac Rim “as one entity operating in its Canadian headquarters, as a Cayman Island shell company, and on the ground in El Salvador.”
At that time, there were no mines active ...
... the mine to the United States.
“In an effort to force El Salvador into a decision, Pacific Rim reincorporated its Cayman Islands subsidiary Pac Rim Cayman, LLC (Pac Rim) in Nevada, and transferred ownership ...
... in El Salvador in support of their work to prevent gold mining in their communities since 2009. That is the year when your Pac Rim Cayman subsidiary filed an unjust investor - state lawsuit with the International ...
... until the country could conduct a country-wide economic and environmental assessment of mining’s impact.7 Furious about this de facto ban on mining, a firm called Pac Rim Cayman launched a lawsuit against ...
... 2015 setting an all time record of 74 new cases in just one year.
Pacific Rim is a Canadian company, also registered in the Cayman Islands tax haven. In its first attempt to bring the ISDS case against ...
... company Pacific Rim Cayman (now part of the Australian-Canadian company Oceana Gold) regarding a dispute over the granting of a mining licence for the El Dorado mine, a gold-mining project in Cabañas, ...
... and the Council of Canadians, demonstrated support for El Salvador's sovereignty in deciding to stop issuing mining licenses.
In this multi-million dollar David-and-Goliath case, PacRim Cayman (now ...
... million dollars that the ICSID tribunal ordered its subsidiary, Pacific Rim Cayman, to pay to the government of El Salvador for legal expenses.
We will continue working with you so that OceanaGold, its ...
...
In response to the moratorium, in 2009 a Pacific Rim subsidiary called Pac Rim Cayman took El Salvador to the International Centre for Settlement of Investment Disputes, or ICSID, an arbitration panel ...
... to today’s decision by the controversial International Centre for Settlement of Investment Disputes (ICSID) on the seven-year old case of Pac Rim Cayman vs. El Salvador, stating that “there are no winners” ...
... of Investment Disputes (ICSID) to release a favorable decision for El Salvador on the Pac Rim Cayman LLC vs El Salvador case. Solidarity actions with the National Roundtable Against Mining in El ...
... Luis Parada explains.
The diplomatic document was sent a year and a half before the lawsuit, which is registered in the tribunal as “Pac Rim Cayman LLC v. Republic of El Salvador, ICSID Case No. ARB/09/12”, ...
... international arbitration and changed the nationality of its subsidiary Pac Rim Cayman from the Cayman Islands to the United States, in order to have recourse to the Free Trade Agreement between the United ...
... suing the El Salvador government for $301 million for refusing a gold mining permit. To make the original claim in 2009, it shifted its HQ from the Cayman Islands to benefit from the ISDS clause in a US ...
... Pacific Rim Cayman LLC against the Republic of El Salvador under the World Bank’s International Center for the Settlement of Investment Disputes (ICSID).
Pacific Rim, a Canadian transnational mining ...
... arguments in last Friday’s Pac Rim Cayman LLC v. El Salvador jurisdictional ruling. Even though it narrowly won dismissal of its CAFTA case, the underlying claims will proceed at World Bank-based hearings ...
... Cayman island subsidiary in Nevada and then filed an investor-state suit against El Salvador under CAFTA. The company now seeks hundreds of millions in compensation for its “lost profits” through an international ...
... Tranlsation by Lela Singh.
[2] Fundación de Estudios para la Aplicación del Derecho (FESPAD). www.fespad.org.sv
[3] Company of Canadian capital incorporated in the Cayman Islands until 2007 when it ...
... Nevada called Pacific Rim Cayman LLC, a subsidiary that had not been active since Pacific Rim sold their only Nevada interest in October 2008.
In June of 2012, the ICSID tribunal hearing the case ruled ...