Talks with Trust Capital of the West

[NewsWhore]

Radhames Segura, in charge of the State Run Electric Companies (CDEEE), says that Trust Capital of the West lawyers have yet to formally sue the government for the US$700 million they claim for operations of the EdeEste power distributor. Segura told the press, as reported in Hoy, that together with Power Superintendent Francisco Mendez and legal advisor to President Fernandez Cesar Pina Toribio he met with lawyers of the firm for talks regarding the claims. If the parties do not reach an agreement, Hoy reported the case would be heard in a New York court. The company is claiming breach of contractual obligations on part of the Dominican government.

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