Baillieu Valuation of VEC, page-400

Thoughts.... This is / was about a lot more than a couple of $100k

There’s a lot of detail in the link to court documents


Quote - “1.Immediate Judgment be entered for the Claimant in the following amounts:

(i) USD 10,610,065.00; and

(ii) contractual interest accrued as of the date of this Judgment.

2. Contractual interest shall continue to accrue from the date of the Judgment until the above sums have been paid by the Defendant in full, at a rate of USD 1,404.26 per day; and


3. The Defendant shall pay the Claimant’s costs of the proceedings (including the application), plus simple interest at a rate of 1% above EIBOR.”

Please read...

https://www.difccourts.ae/2018/01/15/natixis-s-a-v-fast-telecom-general-trading-llc-2016-cfi-047/