UNITED S NATIONS Security Council Distr. GENERAL S/AC.26/2001/21 28 September 2001 Original: ENGLISH UNITED NATIONS COMPENSATION COMMISSION GOVERNING COUNCIL REPORT AND RECOMMENDATIONS MADE BY THE PANEL OF COMMISSIONERS CONCERNING THE TWENTY-FIRST INSTALMENT OF “E3” CLAIMS GE.01-64959 S/AC.26/2001/21 Page 2 CONTENTS Paragraphs Page Introduction ..................................................................................................................................1 - 4 7 I. PROCEDURAL HISTORY................................................................................................5 - 10 7 A. The procedural history of the claims in the twenty-first instalment...................................5 - 8 7 B. The claimants ....................................................................................................................9 - 10 8 II. GEOTÉCNICA SA............................................................................................................11 - 61 10 A. Contract losses .................................................................................................................13 - 19 10 1. Facts and contentions..................................................................................................13 - 16 10 2. Analysis and valuation................................................................................................17 - 18 11 3. Recommendation ........................................................................................................... 19 11 B. Business transaction or course of dealing ........................................................................20 - 25 11 1. Facts and contentions..................................................................................................20 - 23 11 2. Analysis and valuation................................................................................................... 24 12 3. Recommendation ........................................................................................................... 25 12 C. Loss of profits ..................................................................................................................26 - 37 12 1. Facts and contentions..................................................................................................26 - 31 12 2. Analysis and valuation................................................................................................32 - 36 12 3. Recommendation ........................................................................................................... 37 13 D. Loss of tangible property .................................................................................................38 - 45 13 1. Facts and contentions..................................................................................................38 - 41 13 2. Analysis and valuation................................................................................................42 - 44 14 3. Recommendation ........................................................................................................... 45 14 E. Payment or relief to others...............................................................................................46 - 53 14 1. Facts and contentions..................................................................................................46 - 49 14 2. Analysis and valuation................................................................................................50 - 52 15 3. Recommendation ........................................................................................................... 53 15 F. Financial losses ................................................................................................................54 - 60 15 1. Facts and contentions..................................................................................................54 - 57 15 2. Analysis and valuation................................................................................................58 - 59 16 3. Recommendation ........................................................................................................... 60 16 G. Summary of recommended compensation for Geotécnica ................................................. 61 16 III. GEOTEHNIKA ..................................................................................................................... 62 17 IV. CHARILAOS APOSTOLIDIS & CO. LTD......................................................................63 - 89 18 A. Contract losses .................................................................................................................65 - 71 18 1. Facts and contentions..................................................................................................65 - 67 18 S/AC.26/2001/21 Page 3 2. Analysis and valuation................................................................................................68 - 70 18 3. Recommendation ........................................................................................................... 71 19 B. Business transaction or course of dealing ........................................................................72 - 77 19 1. Facts and contentions..................................................................................................72 - 74 19 2. Analysis and valuation................................................................................................75 - 76 19 3. Recommendation ........................................................................................................... 77 20 C. Loss of profits/overhead...................................................................................................78 - 81 20 1. Facts and contentions..................................................................................................78 - 79 20 2. Analysis and valuation................................................................................................... 80 20 3. Recommendation ........................................................................................................... 81 20 D. Loss of tangible property .................................................................................................82 - 88 20 1. Facts and contentions..................................................................................................82 - 83 20 2. Analysis and valuation................................................................................................84 - 87 21 3. Recommendation ........................................................................................................... 88 21 E. Summary of recommended compensation for Charilaos .................................................... 89 21 V. ED ZÜBLIN AG (CONTRACT CLAIM) ........................................................................90 - 105 22 A. Contract losses .................................................................................................................92 - 99 22 1. Facts and contentions..................................................................................................92 - 96 22 2. Analysis and valuation................................................................................................97 - 98 23 3. Recommendation ........................................................................................................... 99 23 B. Subsidiary motion ..........................................................................................................100 - 104 23 1. Facts and contentions................................................................................................100 - 102 23 2. Analysis and valuation.................................................................................................. 103 23 3. Recommendation .......................................................................................................... 104 24 C. Summary of recommended compensation for Ed Züblin .................................................. 105 24 VI. ED ZÜBLIN AG (BANK ACCOUNT CLAIM) .............................................................106 - 116 25 A. Financial losses ..............................................................................................................109 - 115 25 1. Facts and contentions................................................................................................109 - 112 25 2. Analysis and valuation..............................................................................................113 - 114 25 3. Recommendation .......................................................................................................... 115 26 B. Summary of recommended compensation for Ed Züblin .................................................. 116 26 VII. SCHEU & WIRTH AG....................................................................................................117 - 124 27 A. Contract losses ...............................................................................................................120 - 123 27 1. Facts and contentions................................................................................................120 - 121 27 2. Analysis and valuation.................................................................................................. 122 27 3. Recommendation .......................................................................................................... 123 28 B. Summary of