Ascent Resources plc soon expects to complete the conditions to the binding damages-based agreement appointing Enyo Law LLP as its representative in the dispute with Slovenia.
TREATY
In a statement Ascent added: “Following completion, the company and its legal advisor will immediately progress to compile and execute the required materials and officially submit the arbitration claim pursuant to the protections afforded to the company and its operating subsidiary under the Energy Charter Treaty and UK-Slovenia Bilateral Investment Treaty.”