Tanzania pays treaty award to avoid aircraft seizure

Tanzania pays treaty award to avoid aircraft seizure

Tanzania pays treaty award to avoid aircraft seizure

Tanzania has paid US$22 million to satisfy an UNCITRAL award after the Italian-owned creditors attempted to seize three aircraft purchased by the East African state following enforcement of the award in the Canadian courts.

For more information, please see https://globalarbitrationreview.com/attachments-and-freezing-orders/tanzania-pays-treaty-award-avoid-aircraft-seizure

One thought on “Tanzania pays treaty award to avoid aircraft seizure”

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