Work Area: Arbitration

Belgian-Brazilian hygiene M&A dispute settles

A Belgium-based provider of personal hygiene products has agreed to settle an International Chamber of Commerce (ICC) claim against a Brazilian pharmaceuticals group over a €300 million (US$353 million) acquisition.

24 September 2021

Mexico declares win in dispute with satellite operator

Mexico says it has defeated an investment treaty claim for more than US$120 million brought by France's Eutelsat over the reservation of satellite capacity for use by the state.

22 September 2021

Live Nation revives acquisition of OCESA in Mexico

US company Live Nation Entertainment has hired Mexico’s Creel, García-Cuéllar, Aiza y Enríquez, SC to resume its purchase of a controlling stake in OCESA Entretenimiento, a leading concert promoter in Latin America, from media groups Televisa and CIE, for 8.8 billion Mexican pesos (US$444 million).

20 September 2021

Colombia liable in high-mountain mining dispute

A divided International Centre for Settlement of Investment Disputes (ICSID) tribunal has found Colombia liable in a US$700 million claim brought by a Canadian mining company that was deprived of its right to operate within an environmental preservation zone.

17 September 2021

Dentons appoints LatAm partner to lead BVI office

Global law firm Dentons has hired a former Harneys partner to lead its office in the British Virgin Islands, bringing Latin American experience to the role.

15 September 2021

Halliburton brings arbitration claim against Petroecuador

A subsidiary of US oil services giant Halliburton has brought an United Nations Commission on International Trade Law (UNCITRAL) claim against Ecuador’s national oil company.

10 September 2021

Novis expands in Central America with more ex-Sáenz partners

Salvadorean law firm Novis Estudio Legal has opened offices in Costa Rica, Guatemala, Honduras and Nicaragua by adding two new partners and a group of lawyers from Sáenz & Asociados – the former firm of Novis' founding members.

02 September 2021

Assignee of arbitration award seeks to collect from Argentina

A Delaware entity that acquired the rights to a US$320 million International Centre for Settlement of Investment Disputes (ICSID) award against Argentina has applied to enforce it in the US in the wake of a dispute with the administrators of the original claimants.

31 August 2021

Peru faces second ICSID arbitration over metro project

A Spanish-Italian consortium has brought a second International Centre for Settlement of Investment Disputes (ICSID) claim against Peru over a project to build Lima’s second metro line – weeks after the state was found liable in the first case.

27 August 2021

Peru defeats hydro arbitration at ICSID

Six hydroelectric power companies have seen their International Centre for Settlement of Investment Disputes (ICSID) case against Peru dismissed on jurisdiction after a tribunal ruled that they could not combine their claims to meet contractual requirements that disputes must be worth over US$20 million to be heard at the centre.

26 August 2021

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