Arbitration

Colombia will face billion-euro power claim

Spanish energy company Gas Natural Fenosa is on the brink of filing a threatened ICSID claim against Colombia reported to recover €1.3 billion (US$1.39 billion) owed by customers near the country's Caribbean coast.

Costa Rica wins second ICSID case this year

Fresh from a win against a Spanish investor, Costa Rica has defeated a US$75 million ICSID claim brought by one of Mexico’s wealthiest families over alleged price-fixing in the liquefied petroleum gas market.

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