arbitral court ruling

Credit to Author: The Manila Times| Date: Tue, 10 Dec 2019 09:00:38 +0000

THE Manila Water Company, Inc. and Maynilad Water Services, Inc. backed down against President Rodrigo Duterte and won’t demand the enforcement of an arbitral court ruling ordering the Philippine government to pay over P10 billion for the losses they incurred when it denied their petition for a rate increase. The Permanent Court of Arbitration (PCA) in Singapore, […]