{"id":3030,"date":"2025-05-27T10:12:53","date_gmt":"2025-05-27T10:12:53","guid":{"rendered":"https:\/\/jubaglobal.com\/?p=3030"},"modified":"2025-05-27T10:12:54","modified_gmt":"2025-05-27T10:12:54","slug":"south-sudan-achieves-major-legal-victory-in-vivacell-case-reducing-compensation-from-29-billion-to-48-million-dollars","status":"publish","type":"post","link":"https:\/\/directtopic.com\/jubaglobal.com\/south-sudan-achieves-major-legal-victory-in-vivacell-case-reducing-compensation-from-29-billion-to-48-million-dollars\/","title":{"rendered":"South Sudan Achieves Major Legal Victory in &#8220;Vivacell&#8221; Case Reducing Compensation from 29 Billion to 48 Million Dollars"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"720\" height=\"540\" src=\"https:\/\/directtopic.com\/jubaglobal.com\/wp-content\/uploads\/sites\/1977\/2025\/05\/1000199747.jpg\" alt=\"\" class=\"wp-image-3031\" style=\"width:458px;height:auto\"\/><\/figure>\n\n\n\n<p>Juba \u2013 Juba Global News Network<\/p>\n\n\n\n<p>The International Chamber of Commerce Arbitration Tribunal issued a ruling in favor of the Republic of South Sudan in the legal dispute filed against it by the company VivacellNetwork of the World and its investors where the financial claims were reduced from 29 billion dollars to only 48 million dollars in addition to interest and costs<\/p>\n\n\n\n<p>The Minister of Information and Official Spokesperson for the Government described the decision as a historic legal victory affirming that the national legal team succeeded in proving the strength of the state\u2019s position reflecting its commitment to protecting its sovereignty and economic interests He added that the government will carefully study the ruling before proceeding with any subsequent legal actions<\/p>\n\n\n\n<p>The official statement indicated that the originally claimed amount posed a grave threat to the country\u2019s financial stability stressing that the lawsuit was legally unjustified It also expressed South Sudan\u2019s commitment to respecting international laws and promoting a transparent and fair investment environment<\/p>\n\n\n\n<p>This ruling is an important step in boosting investor confidence in South Sudan\u2019s judicial and economic system and reflects the government\u2019s efforts to defend its interests against major international claims<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Juba \u2013 Juba Global News Network The International Chamber of Commerce Arbitration Tribunal issued a&#8230;<\/p>\n","protected":false},"author":1199,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[813,643,1,780],"tags":[],"class_list":["post-3030","post","type-post","status-publish","format-standard","hentry","category-legal","category-more-articles","category-news","category-southsudan"],"_links":{"self":[{"href":"https:\/\/directtopic.com\/jubaglobal.com\/wp-json\/wp\/v2\/posts\/3030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/directtopic.com\/jubaglobal.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/directtopic.com\/jubaglobal.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/directtopic.com\/jubaglobal.com\/wp-json\/wp\/v2\/users\/1199"}],"replies":[{"embeddable":true,"href":"https:\/\/directtopic.com\/jubaglobal.com\/wp-json\/wp\/v2\/comments?post=3030"}],"version-history":[{"count":1,"href":"https:\/\/directtopic.com\/jubaglobal.com\/wp-json\/wp\/v2\/posts\/3030\/revisions"}],"predecessor-version":[{"id":3032,"href":"https:\/\/directtopic.com\/jubaglobal.com\/wp-json\/wp\/v2\/posts\/3030\/revisions\/3032"}],"wp:attachment":[{"href":"https:\/\/directtopic.com\/jubaglobal.com\/wp-json\/wp\/v2\/media?parent=3030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/directtopic.com\/jubaglobal.com\/wp-json\/wp\/v2\/categories?post=3030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/directtopic.com\/jubaglobal.com\/wp-json\/wp\/v2\/tags?post=3030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}