Ramesh seeks 1 Billion in damages for AV Drilling

Ramesh Lawrence Maharaj

Lead Attorney for A&V Drilling Se­nior Coun­sel Ramesh Lawrence Ma­haraj is seek­ing $1 bil­lion in dam­ages on be­half of his client A&V Drilling. The matter is scheduled to go be­fore an Ar­bi­tra­tion Tri­bunal in Jan­u­ary next year.

He said “that Petrotrin had wrong­ful­ly ter­mi­nat­ed A&V’s con­tract and will be li­able to pay A&V sub­stan­tial dam­ages.”

He also said that in addition to suf­fer­ing from defama­tion of char­ac­ter and loss of busi­ness A&V has not been paid for crude oil sup­plied to Petrotrin since June 2017.

Mr Maharaj held the press conference at his San Fernando Chambers on Saturday with his team of Attorneys including Prakash Ra­mad­har, Michael Rooplal, Jagdeo Singh and Ron­nie Bisses­sar.

The Tri­bunal com­pris­es a pan­el of ar­bi­tra­tors in­clud­ing for­mer President of the Caribbean Court of Jus­tice Sir Den­nis By­ron, for­mer Judge of the Ju­di­cial Com­mit­tee of the Privy Coun­cil Lord Hope and re­tired Jus­tice of Ap­peal Humphrey Stollmey­er. They are scheduled to meet in Jan­u­ary 2020.