Newco Limited v. Government of Belize
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August 01, 2016
After DC Circ. Loss, Belize Wants Justices to Kill $25M Awards
Belize's government has asked the U.S. Supreme Court to kill two arbitral awards stemming from a canceled airport operating agreement and a backdoor tax deal, according to notices filed Friday, saying enforcing the awards in the U.S. would be an illegal end run around Belizean law and encourage corruption.
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July 08, 2016
DC Circ. Axes Belize's Bid To Pause $25M Enforcement Row
The D.C. Circuit in two brief orders issued Thursday shot down Belize's request to pause enforcement proceedings involving two confirmed arbitration awards totaling nearly $25 million, plus interests and costs, stemming from a canceled airport operating agreement and a backdoor tax deal.
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June 24, 2016
Belize Can't Delay $25M Airport, Tax Deal Row, DC Circ. Told
BCB Holdings Ltd. and Newco Ltd. asked the D.C. Circuit Thursday to deny Belize's request to pause enforcement proceedings involving two confirmed arbitration awards totaling nearly $25 million, plus interests and costs, stemming from a canceled airport operating agreement and a backdoor tax deal.
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May 13, 2016
DC Circ. Affirms $4.4M Award Against Belize In Airport Row
A D.C. Circuit panel on Friday refused to disturb a district court's ruling confirming an approximately $4.4 million award issued to an airport contractor in a dispute with Belize over a terminated operating agreement, saying it isn't required to defer to a Belizean court.
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April 19, 2016
Belize Asks DC Circ. To Gut $32M Awards Over Airport Deal
Belize blasted efforts by an airport contractor and holding company in the D.C. Circuit on Tuesday to collect roughly $32 million in arbitration awards over a canceled airport operating agreement and backdoor tax deal, telling the panel that both companies are using U.S. courts to attempt to evade Belizean taxes.
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April 13, 2016
DC Circ. Won't Pause Belize's Appeal Of $4.4M Award
The D.C. Circuit on Tuesday rejected the country of Belize's bid to pause its appeal of an order cementing a $4.4 million arbitral award issued against the Central American nation over the termination of an operating agreement with airport contractor Newco Ltd.
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April 08, 2016
Airport Contractor Tells DC Circ. Belize Is Delaying Award
An airport contractor urged the D.C. Circuit on Friday to shoot down Belize's request to pause the country's appeal of an order cementing a $4.4 million arbitral award issued against it over a terminated operating agreement, saying the move was the latest in a string of delay tactics.
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February 03, 2016
Airport Contractor Can't Duck Taxes, Belize Tells DC Circ.
The government of Belize pressed the D.C. Circuit to reverse a lower court order affirming a $4.4 million arbitral award to an airport contractor over a terminated operating agreement, saying Tuesday that the contractor was abusing an international arbitration convention to avoid paying taxes.
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January 20, 2016
Newco Asks DC Circ. To Ax Belize's Protests To $4.4M Award
A contractor that's seeking to enforce a $4.4 million arbitral award against Belize for reneging on an operating agreement for its international airport told the D.C. Circuit on Tuesday that the country can't rely on a "dubious" tax claim to avoid payment.
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December 21, 2015
Belize Asks DC Circ. To Nix $4.4M Airport Contractor Award
The government of Belize has asked the D.C. Circuit to reverse a lower court order affirming a $4.4 million arbitration award to an airport contractor over a terminated operations agreement, arguing it hampers the country's ability to collect back taxes from the company.