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"id": 153772,
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"content": "The claimant claim is for Euros 57,119,597 as of 14th December 2005, plus penalty interest and cost. At the preliminary hearing, the matter was stayed to allow the parties establish the true and fair value of the vessel. The technical experts of the claimant and the technical experts on behalf of the Republic have held several meetings to establish the fair and true value of the vessel under the quantum merruit principles. The next meeting is scheduled for June 2009."
}