Venezuela faces another arbitration case?

WTF is Highbury International AVV? I rather hope I am never taken to court (or a quasi-legal proceeding) by a company whose only Google hit is … the record of that proceeding.

Can someone please tell me what this is all about? And don’t say “mining concession,” cause I can read too. The suffix “AVV” apparently stands for “Aruba Vrijgestelde Vennootschap,” which means “Aruba Exempt Company.”

Anyway. Venezuela now has 13 “pending” arbitration cases at ICSID, still well behind Argentina’s 27.

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