Tribunal del CIADI concluye que Letonia violó el TJE bajo el TBI entre Letonia y Lituania
UAB E ENERĢIJA V. REPÚBLICA DE LETONIA, CASO DEL CIADI NO. ARB/12/33
Laudos
Tribunal del CIADI no admite jurisdicción: Timor Oriental nunca consintió a arbitraje en el CIADI
Lighthouse Corporation Pty Ltd y Lighthouse Corporation Ltd, IBC v. República Democrática de Timor Oriental, Caso del CIADI No. ARB/15/2
Tribunal del CIADI desestima caso de expropiación contra Venezuela por razones jurisdiccionales
(English) FÁBRICA DE VIDRIOS LOS ANDES, C.A. AND OWENS-ILLINOIS DE VENEZUELA, C.A. V. BOLIVARIAN REPUBLIC OF VENEZUELA, ICSID CASE NO. ARB/12/21
Demanda de energía solar iniciada por inversor alemán contra República Checa es desestimada
Jürgen Wirtgen, Stefan Wirtgen, Gisela Wirtgen y JSW Solar (zwei) GmbH & Co. KG v. la República Checa, Caso de la CPA No. 2014-03
Venezuela responsable por expropiación de planta de fertilizantes
Koch Minerals Sárl y Koch Nitrogen International Sárl v. La República Bolivariana de Venezuela, Caso del CIADI No. ARB/11/19
Empresa minera canadiense otorgada solo costos irrecuperables en compensación por expropiación peruana
Bear Creek Mining Corporation vs. República de Perú, Caso del CIADI No. ARB/14/21
Kazakstán culpable por expropiación de inversión de la familia Hourani en segundo round de arbitraje del CIADI
Caratube International Oil Company LLP y Devincci Salah Hourani vs. la República de Kazakstán, Caso del CIADI No. ARB/13/13
Tribunal del CIADI confirma jurisdicción en controversia entre empresa constructora china y Yemen
Beijing Urban Construction Group Co. Ltd. c. la República de Yemen, Caso del CIADI No. ARB/14/30
Demandas entabladas por una empresa controlada por multimillonario egipcio contra Argelia son declaradas inadmisibles
Orascom TMT Investments S.à r.l. vs. la República Democrática y Popular de Argelia, Caso del CIADI No. ARB/12/35
Tribunal de la CNUDMI desestima acusaciones de soborno de inversor húngaro y se niega a anular contrato con Croacia
La República de Croacia c. MOL Hungarian Oil and Gas Plc, Caso de la CPA No 2014-15
Todas las demandas presentadas por Isolux Infrastructure Netherlands contra España son desestimadas
Isolux Infrastructure Netherlands B.V. c. el Reino de España, Caso de la CCE Nro. V2013/153
Argentina debe pagar más de USD320 millones por expropiación ilícita en caso de aerolíneas
Teinver S.A., Transportes de Cercanías S.A. y Autobuses Urbanos del Sur S.A. vs. La República Argentina, Caso del CIADI No. ARB/09/1
Un tribunal del CIADI no admite jurisdicción ya que inversor abusa de sus derechos al “reactivar” una empresa para acceder a arbitraje contra Camerún
Capital Financial Holdings Luxembourg SA vs. la República de Camerún, Caso del CIADI No. ARB/15/18
Inversores triunfan sobre España en una demanda por reparación regulatoria para energías limpias
Eiser Infrastructure Limited y Energía Solar Luxembourg S.à r.l. vs. el Reino de España, Caso del CIADI No. ARB/13/36
WNC c. Chequia: tribunal desestima demanda de expropiación y decide que no posee jurisdicción sobre todas las otras demandas
WNC Factoring Limited vs. La República Checa, Caso de la CPA No. 2014-34
Tribunal del CIADI otorga casi USD380 millones en compensación por expropiación ilícita de Ecuador
Burlington Resources Inc. vs. la República de Ecuador, Caso del CIADI No. ARB/08/5
Ecuador otorgado USD41 millones en demanda de reconvenciones contra compañía de petróleo y gas de Estados Unidos, Burlington Resources
Burlington Resources Inc. vs. La República de Ecuador, Caso del CIADI No. ARB/08/5
Laudo muy esperado del TLCAN no admite demanda sobre ley de patentes contra Canadá
Eli Lilly and Company vs. el Gobierno de Canadá, CNUDMI, Caso del CIADI No. UNCT/14/2
Tribunal de la CCE desestima demandas entabladas por empresa británica y sus accionistas contra la República Checa
Anglia Auto Accessories Ltd. vs. La República Checa (Caso de la CCE No. V 2014/181) e Ivan Peter Busta and James Peter Busta vs. La República Checa (Caso de la CCE No. V 2015/014)
Tribunal del CIADI desestima segundo caso conocido contra China en un procedimiento sumario
Ansung Housing Co., Ltd. vs. La República Popular de China, Caso del CIADI No. ARB/14/25
Tribunal del CIADI resuelve que Egipto violó ciertas cláusulas del TBI entre Estados Unidos y Egipto
Ampal-American Israel Corp. y otros vs. la República Árabe de Egipto, Caso del CIADI No. ARB/12/11
Demandas de inversor español declaradas inadmisibles en caso contra Costa Rica
Supervisión y Control S.A. vs. La República de Costa Rica, Caso del CIADI No. ARB/12/4
Tribunal de nueva sumisión pone fin a controversia de 20 años ante el CIADI
Victor Pey Casado y la Fundación Presidente Allende vs. La República de Chile, Caso del CIADI No. ARB/98/2
ICSID tribunal dismisses claims brought against Indonesia based on forged mining licences
Churchill Mining PLC and Planet Mining Pty Ltd v. Republic of Indonesia, ICSID Case No. ARB/12/14 and ICSID Case No. ARB/12/40 After rendering separate decisions on jurisdiction—one for the case brought by British company Churchill Mining PLC under the United Kingdom–Indonesia bilateral investment treaty (BIT), and another for Australian company Planet Mining Pty. Ltd.’s case under […]
Renco failed to comply with formal waiver requirement under U.S.–Peru Trade Promotion Agreement
Renco Group Inc. v Republic of Peru, UNCT/13/1 An arbitral tribunal under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL) declared that U.S.-based investor Renco Group Inc. (Renco) failed to comply with the waiver requirement under the United States–Peru Trade Promotion Agreement (TPA). Accordingly, the tribunal declined to exercise jurisdiction […]
Pac Rim v. El Salvador: all claims dismissed; OceanaGold to pay US$8 million in costs
Pac Rim Cayman LLC v. Republic of El Salvador, ICSID Case No. ARB/09/12 On October 14, 2016, a tribunal at the International Centre for Settlement of Investment Disputes (ICSID) dismissed on their merits all claims by Pac Rim Cayman LLC (Pac Rim) against El Salvador. The tribunal ordered the mining company—currently owned by Australian-Canadian OceanaGold—to […]
NAFTA tribunal orders Canada to pay U.S. wind power developer more than CAD28 million
Windstream Energy LLC v. Government of Canada, PCA Case No. 2013-22 An arbitral tribunal under Chapter 11 of the North American Free Trade Agreement (NAFTA) has reached the award stage. Although dismissing the discrimination and indirect expropriation claims, the tribunal upheld the claim of failure to provide fair and equitable treatment (FET), and ordered Canada […]
PCA tribunal dismisses expropriation and FET claims concerning an eco-touristic venture
Peter A. Allard v. The Government of Barbados, PCA Case No. 2012-06 On June 27, 2016, a tribunal under the auspices of the Permanent Court of Arbitration (PCA) dismissed all claims by Canadian businessman Peter A. Allard against Barbados under the Canada–Barbados bilateral investment treaty (BIT) and the Arbitration Rules of the United Nations Commission […]
Venezuela to pay US$1 billion for expropriating Canadian mining company’s investment
(English) Rusoro Mining Ltd. v. the Bolivarian Republic of Venezuela, ICSID Case No. ARB(AF)/12/5 – Claudia María Arietti López
ICSID tribunal dismisses MFN clause in WTO GATS as a means of importing Senegal’s consent to arbitration from third party BIT
(English) Menzies Middle East and Africa S.A. and Aviation Handling Services International Ltd. v. Republic of Senegal, ICSID Case No. ARB/15/21- Suzy H. Nikièma
PCA tribunal deemed acts of Polish agricultural property agency not attributable to Poland
(English) Mr. Kristian Almås and Mr. Geir Almås v. The Republic of Poland, PCA Case No. 2015-13 – Claudia María Arietti López
Claimant not considered investor due to interpretation of “seat” under Cyprus–Montenegro BIT
(English) CEAC Holdings Limited v Montenegro, ICSID Case No. ARB(AF)/14/8 – Maria Florencia Sarmiento
Ecuador’s levy on extraordinary oil profits at a 99% rate has breached Murphy’s legitimate expectations, decides PCA tribunal
(English) Murphy Exploration & Production Company – International v. Republic of Ecuador, PCA Case No. 2012-16 (formerly AA 434) – Inaê Siqueira de Oliveira
Ecuador ordered by PCA tribunal to pay $24 million to Canadian mining company
(English) Copper Mesa Mining Corporation v. Republic of Ecuador, PCA No. 2012-2 – Matthew Levine
Awards and Decisions
(English) The long-expected final award has been rendered in the high-profile case initiated by tobacco giant Philip Morris in early 2010 against Uruguay over its tobacco control measures.
Philip Morris v. Uruguay: all claims dismissed; Uruguay to receive US$7 million reimbursement
(English) Philip Morris Brands Sàrl, Philip Morris Products S.A. and Abal Hermanos S.A. v. Oriental Republic of Uruguay, ICSID Case No. ARB/10/7
Corporate restructuring and abuse of rights: PCA tribunal deems Philip Morris’s claims against Australia’s tobacco plain packaging rules inadmissible
Philip Morris Asia Limited v. The Commonwealth of Australia, PCA Case No. 2012-12
ICSID tribunal upholds Panama’s abuse of process objection; Transglobal to pay arbitration costs and most of Panama’s legal expenses
(English) In the proceeding brought by Transglobal Green Energy, LLC (a U.S.-based company) and Transglobal Green Panama S.A. (a Panama-based company) against Panama under the United States–Panama bilateral investment treaty (BIT), an ICSID tribunal accepted Panama’s abuse of process objection.
Claimant fails to comply with three-year limitation period under CAFTA-DR
(English) A tribunal at the International Centre for Settlement of Investment Disputes (ICSID) declared that it lacked jurisdiction in the case of Corona Materials LLC (a U.S. company) against the Dominican Republic.
Venezuela ordered to pay US$1.202 billion plus interest to Canadian mining company Crystallex for FET breach and expropriation
(English) In a 273-page award dated April 4, 2016, a tribunal at the Additional Facility (AF) of the International Centre for Settlement of Investment Disputes (ICSID) ordered Venezuela to pay US$1.202 billion plus interest to Canadian company Crystallex International Corporation (Crystallex).
NAFTA tribunal dismisses claims against Canada on green energy Feed-In Tariff program
(English) An arbitration tribunal constituted under the North American Free Trade Agreement (NAFTA) has issued its award subject to a dissenting opinion.
Turkey–Turkmenistan BIT: tribunal finds claims admissible but dismisses them on merits
(English) An arbitral tribunal at the International Centre for Settlement of Investment Disputes (ICSID) has issued its award on the claims by a Turkish company against Turkmenistan.
ICSID tribunal awards damages for Venezuela’s indirect expropriation of steel industry investment
(English) Tenaris S.A. and Talta-Trading e Marketing Sociedade Unipessoal LDA v. Bolivarian Republic of Venezuela, ICSID Case No. ARB/11/26
ICSID tribunal dismisses final claim for compensation in relation to Hungary’s 2008 termination of power purchase agreement
Electrabel S.A. v. Republic of Hungary, ICSID Case No. ARB/07/1 A Belgian energy company—Electrabel S.A. (Electrabel)—has failed in its final claim under the Energy Charter Treaty (ECT). An International Centre for Settlement of Investment Disputes (ICSID) tribunal has found no breach of the ECT’s fair and equitable (FET) treatment standard by Hungary. In 2012 the […]
Tribunal dismisses all claims by U.S. mining investor against Oman
Adel A. Hamadi Al Tamimi v. Sultanate of Oman, ICSID Case No. ARB/11/33 A tribunal at the International Centre for Settlement of Investment Disputes (ICSID) dismissed all claims against Oman, in an award dated November 3, 2015. The claimant was Adel A. Hamadi Al Tamimi, a U.S. investor with controlling majority shareholdings in two mining […]
ICSID tribunal declines jurisdiction in case against Macedonia and orders investor to reimburse 80% of Macedonia’s legal fees and expenses
Guardian Fiduciary Trust Ltd, f/k/a Capital Conservator Savings & Loan Ltd v. Former Yugoslav Republic of Macedonia, ICSID Case No. ARB/12/31 In an award dated September 22, 2015, a tribunal at the International Centre for Settlement of Investment Disputes (ICSID) declined jurisdiction to hear the case initiated by Guardian Fiduciary Trust Ltd (Guardian) against Macedonia […]
Quiborax awarded US$50 million against Bolivia, one-third of initial claim
Quiborax S.A. and Non-Metallic Minerals S.A. v. Plurinational State of Bolivia (ICSID Case No. ARB/06/2) On September 16, 2015, a tribunal at the International Centre for Settlement of Investment Disputes (ICSID) ordered Bolivia to pay approximately US$50 million in compensation for the expropriation of a mining investment. The claimants were Chilean company Quiborax S.A. (Quiborax) […]
First ICSID case brought by Chinese mainland investors dismissed on jurisdictional grounds
Ping An Life Insurance Company of China, Limited and Ping An Insurance (Group) Company of China, Limited v. Kingdom of Belgium, ICSID Case No. ARB/12/29
(English) UNCITRAL tribunal finds Canada’s environmental assessment breached international minimum standard of treatment and national treatment standard
(English) William Ralph Clayton, William Richard Clayton, Douglas Clayton, Daniel Clayton and Bilcon of Delaware Inc. v. Government of Canada, UNCITRAL
Tribunal orders compensation in Dutch farmers’ claims against Zimbabwe
By Damon Vis-Dunbar 28 April 2009 An ICSID tribunal has ordered the government of Zimbabwe to compensate a group of Dutch nationals who saw their farms expropriated under Zimbabwe’s controversial land-reform program. The victory is expected to lead other European nationals who lost farms in Zimbabwe to seek compensation under bilateral investment treaties. The thirteen […]