Port Officially Opposes Guam YTK Motion TO Uphold $14 Million Award

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A hearing to approve or disapprove these motions is set for September 8 in judge Anita Sukola’s courtroom. 

Guam – The Port Authority of Guam has filed a motion in superior court to formally oppose Guam YTK’s motion to uphold a $14 million arbitration award.

 

As expected, Attorney Mike Phillips, representing the Port Authority of Guam filed the motion to oppose. According to court papers, the p-a-g is opposing the Guam YTK’s motion on three counts. One of the arguments set forth by the PAG, is that the arbitration panel failed to provide a reasoned award as required by Guam law. The port authority additionally says the arbitration panel quote “failed to disclose even a single reason regarding how or why it concluded that the Guam YTK lease was valid.” the port cut Guam YTK’s lease in 2008. The opposition comes a month after Guam YTK, a local company owned, in part, by Gov. Eddie Calvo’s cousin, filed its own motion to uphold the arbitration panels $14 million judgment against the port authority. The Port Authority now has until July 5 to file it’s own motion to set aside the arbitration panels decision. A hearing to approve or disapprove these motions is set for September 8 in judge Anita Sukola’s courtroom.