Summary

IN THE EASTERN CARIBBEAN SUPREME COURT IN THE HIGH COURT OF JUSTICE VIRGIN ISLANDS (COMMERCIAL DIVISION)
CLAIM NO. BVIHC (COM) 2015/117
IN THE MATTER OF SECTION 43 OF THE ARBITRATION ACT 2013
BETWEEN:
PT VENTURES SGPS SA
-and-
VIDATEL LTD

INTRODUCTION

1. By this application the Applicant, PT Ventures SGPS SA ("PT Ventures") seeks an order freezing the worldwide assets of the Respondent, Vidatel Ltd ("Vidatel") and an ancillary disclosure order.

2. The application is made pursuant to section 43 of the Arbitration Act 2013, in support of arbitration proceedings which will be commenced imminently by PT Ventures in the ICC International Court of Arbitration, and which are described in more detail at §10 below ("the Arbitration Proceedings").

THE PARTIES

3. PT Ventures is a company incorporated under the laws of Portugal. Vidatel was incorporated under the laws of the Virgin Islands in 1999, and is ultimately owned by Isabel dos Santos, a billionaire businesswoman and the daughter of José Eduardo dos Santos, the President of the Republic of Angola. She is, unsurprisingly, extremely influential.

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