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+ Follow INTERNATIONAL ARBITRATION PANEL Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 227716 [Title] => MWSS seeks payment of P7B in concession fees from Maynilad [Summary] => The Manila Waterworks and Sewerage System (MWSS) is preparing to demand payment from the Maynilad Water Services after the International Arbitration Panel handed down its decision last week.
Maynilad was ordered to settle some P7-billion worth of unpaid concession fees and MWSS officials said the government could "theoretically" collect payments within 15 days of the decision or else the MWSS could call on its $200-million performance bond.
[DatePublished] => 2003-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 205167 [Title] => Arbitration body orders Maynilad to post $150-M bond by June 15 [Summary] => To ensure that it would settle its obligations with the government, the International Arbitration Panel has ordered Maynilad Water Services Inc. to post a performance bond of $150 million not later than June 15 pending resolution of its dispute with the Manila Waterworks and Sewerage System (MWSS).
This was disclosed yesterday by Justice Undersecretary Manuel Teehankee, acting head of the Office of the Government Corporate Counsel.
[DatePublished] => 2003-05-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804901 [AuthorName] => Aurea Calica [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
INTERNATIONAL ARBITRATION PANEL
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 227716 [Title] => MWSS seeks payment of P7B in concession fees from Maynilad [Summary] => The Manila Waterworks and Sewerage System (MWSS) is preparing to demand payment from the Maynilad Water Services after the International Arbitration Panel handed down its decision last week.
Maynilad was ordered to settle some P7-billion worth of unpaid concession fees and MWSS officials said the government could "theoretically" collect payments within 15 days of the decision or else the MWSS could call on its $200-million performance bond.
[DatePublished] => 2003-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 205167 [Title] => Arbitration body orders Maynilad to post $150-M bond by June 15 [Summary] => To ensure that it would settle its obligations with the government, the International Arbitration Panel has ordered Maynilad Water Services Inc. to post a performance bond of $150 million not later than June 15 pending resolution of its dispute with the Manila Waterworks and Sewerage System (MWSS).
This was disclosed yesterday by Justice Undersecretary Manuel Teehankee, acting head of the Office of the Government Corporate Counsel.
[DatePublished] => 2003-05-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804901 [AuthorName] => Aurea Calica [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Des Ferriols | November 13, 2003 - 12:00am
By Aurea Calica | May 7, 2003 - 12:00am
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