50
in the instant case, since it was necessary in order to clarify on what basis the Court
could consider this expert’s opinions to be valid. This is particularly necessary with regard
to expert appraisals based on technical expertise outside that of the Court.
231. What the Court can observe from the expert appraisal in question is that the
expert made a calculation of the “operating flows” from 1997 to 2006, and the result was
more than five million United States dollars.157 No explanation has been presented to the
Court of why the calculations had to be up until 2006. As established previously, the
factory was returned in 2002 (supra para. 179). Furthermore, during the public hearing
held in this case, Mr. Chaparro stated that he sold the factory,158 but he did not specify
the exact date of the sale or the price obtained, and how much corresponded to him.
Furthermore, when submitting the helpful evidence requested by the President (supra
para. 11), the representatives advised that the factory still exists and that Mr. Chaparro
is the owner of almost all the shares; in other words, the factory has not been sold.159
Lastly, the percentage of the company’s losses that would correspond to Mr. Chaparro, in
relation to the number of shares he possessed at the time of his arrest, has not been
explained.
232. Based on the above, and given the complexity of determining the commercial
value of a company, which could include, inter alia, its capital, the financial situation, the
capital investments, property and securities, assets and liabilities, operating flows,
market potential and other matters, the Court considers that an arbitration tribunal
should determine the percentage of loss that Mr. Chaparro suffered as a result of the
State’s seizure and deposit of the Plumavit factory. Despite the foregoing, the Court
takes into account that the said factory had been in operation for several years and that,
at the time of the facts, had received some loans to improve its productivity;
consequently, the Court establishes, based on the equity principle, the amount of
US$150,000.00 (one hundred and fifty thousand United States dollars) for this concept.
If the amount decided during the arbitration procedure is greater that the amount
ordered by the Court in this judgment, the State may deduct from the victim the amount
established by this Court, based on the equity principle. If the amount decided in the
arbitration procedure is less, the victim shall keep the US$150,000.00 (one hundred and
fifty thousand United States dollars) established in this judgment. The amount
established by the Court shall be delivered to Mr. Chaparro within one year at the latest
of notification of this judgment.
233. The arbitration procedure indicated in the preceding paragraph must be of an
independent nature, be carried out in the city in which Mr. Chaparro resides, and be
pursuant to the applicable domestic laws concerning arbitration, provided that it does not
contradict the decisions in this judgment. The procedure must commence within six
months of notification of this judgment. The arbitration tribunal shall be composed of
three arbitrators. The State and Mr. Chaparro shall each select an arbitrator. The third
arbitrator shall be selected by mutual agreement between the State and Mr. Chaparro. If,
within two months of notification of this judgment, the parties have not reached an
agreement, the third arbitrator shall be selected by mutual agreement by the arbitrator
selected by the State and the one selected by Mr. Chaparro. If the two arbitrators do not
reach an agreement within the following two months, the State and Mr. Chaparro’s
157
Cf. statement made before notary public (affidavit) by Yazmín Kuri González on April 16, 2007 (file on
merits, Volume I, folio 374).
158
159
Cf. testimony of Mr. Chaparro at the public hearing, supra note 95.
Cf. brief submitted by the representatives on October 3, 2007, as helpful evidence requested by the
President of the Court (file on merits, volume III, folio 1096).
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