April 2010 ITN

April 2010

In this issue: Tribunal finds Ecuador in breach of BIT for its judiciary’s slow handling of Texaco lawsuits; Tribunal hears additional challenges to its jurisdiction in Railroad Development Corporation v. Republic of Guatemala; Cemex v. Venezuela: provisional measures allowed in circumstances of necessity and urgency; Oil transport company Tidewater Inc. initiates ICSID arbitration against Venezuela over expropriated assets; Ad hoc committee confirms that Kazakhstan is on the hook for US$ 125 million; RSM production corp. files second arbitration against Grenada, sues Freshfields; Bolivia ordered to suspend criminal proceedings in its ongoing dispute with Chilean chemical firm Quiborax.