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Wednesday, 19 September 12
CHURCHILL STRENGTHENS LITIGATION TEAM WITH APPOINTMENT OF NICHOLAS SMITH AS MANAGING DIRECTOR


COALspot.com - Churchill Mining PLC (AIM: CHL) has announced that, Mr Nicholas Smith has joined the board of the Company and has been appointed as the new Managing Director with immediate effect.

According to a note that posted on company’s website, “Nicholas joins Churchill with extensive experience advising companies on major litigation and arbitration disputes, including disputes involving bilateral investment treaties and ICSID disputes. On behalf of the Board and our shareholders, I look forward to his contribution in leading the ICSID arbitration that Churchill has commenced against the Republic of Indonesia. The ICSID arbitration has in effect become Churchill’s principal activity and focus for the Company,” said Churchill’s Chairman David Quinlivan.

Mr. Smith has some 30 years’ experience in the international resource/resource development industry, including significant experience in project management of major international litigation and arbitration disputes. Mr Smithalso has significant experience in mergers and acquisitions and project financing.

In the meantime, according to local English news paper, the Indonesian government is also gearing up for the first hearing of a $2 billion lawsuit filed against it by Churchill before an international arbitration center in Washington, DC. Law Minister Amir Syamsuddin, Home Minister Gamawan Fauzi and Investment Board chief Chatib Basri will represent Indonesia at the hearings.

Churchill Mining PLC has been entrenched in a legal battle against the Indonesian government. The case has put the future of the US$ 1.8 billion East Kutai coal mine development project in the balance.



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