UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01 Other Events.
On February 9, 2022, Consolidated Water Co Ltd. (the “Company”) announced that its wholly-owned Netherlands subsidiary, Consolidated Water Cooperatief, U.A. (“CW-Cooperatief”), filed a Request for Arbitration with the International Centre for Settlement of International Disputes requesting that the United Mexican States pay CWCooperatief damages in excess of US$51 million plus MXN$137 million (with the exact amount to be quantified in the proceedings), plus fees, costs and pre- and post-award interest.
Other information regarding the arbitration, including the factual basis therefor, is set forth in the press release issued by the Company on February 9, 2022, which is filed herewith as Exhibit 99.1 and is incorporated herein by reference.
CW-Cooperatief intends to pursue vigorously the relief sought in the arbitration, in addition to pursuing all other legal remedies and courses of action available under the operative contracts and applicable law with respect to their rights, damages, fees and expenses. The Company cannot provide any assurances that CW Cooperatief will be able to obtain the relief sought in the arbitration, and will incur legal and other expenses related thereto that could be material to the Company’s consolidated results of operations.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits.
Exhibit No. |
| Title |
99.1 | ||
104 | Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101) |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CONSOLIDATED WATER CO. LTD. | ||
By: | /s/ Frederick W. McTaggart | |
Name: | Frederick W. McTaggart | |
Title: | Chief Executive Officer | |
Date: February 9, 2022 | ||
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