Work Area: Arbitration

Panama settles multimillion-dollar arbitration with oil refinery

Oil refiner Refinería Panamá SA (Refpan) has entered into a settlement and termination agreement with the Panamanian Ministry of Commerce and Industry. The agreement, signed on May 20, concludes the arbitration process initiated by Refpan against the Republic of Panama in 1999.

31 May 2002

New law on arbitration and mediation in Paraguay

On April 11, the Paraguayan Congress approved a new law on arbitration and mediation. As it is unlikely that the President will use his veto power, the law is expected to enter in force in the near future.

19 April 2002

Amcham Peru launches arbitration centre

The Peruvian branch of the American Chamber of Commerce (Amcham Peru) has opened up its new arbitration centre for business. The Lima-based centre started operations in February. Julio Gallo, partner at the law firm Barrios Fuentes Urquiaga Abogados, led the team of five lawyers in charge of preparing the centre’s regulations.

08 March 2002

Conference - ICC Venezuela regional meeting in Latin America

The International Chamber of Commerce has held its annual Latin American Regional Conference in Caracas. Entitled ‘New Economy - New Realities’, it offered a packed programme based around three core topics: Trade and Investment, Telecommunications and International Arbitration. The Venezuelan National Committee of the ICC (ICC Venezuela) acted as host for two days of exchanges of views and ideas between participants from various countries of the region. The Secretary General of ICC Venezuela, Diana C Droulers reports

08 February 2002

Peru bows to Luz del Sur in arbitration

Rodrigo Elías & Medrano Abogados has successfully represented Lima’s largest electricity distribution company, Luz del Sur SAA, in its arbitration proceedings against the Peruvian Government in respect of the company’s right to income tax stability under an agreement executed with the Peruvian State. The arbitration award, rendered in December, fully acknowledged Luz del Sur’s claim.

25 January 2002

Peruvian government in arbitration with electricity distributors EDELNOR

Payet Rey Cauvi Abogados is representing EDELNOR, one of Peru´s main electricity distribution companies, in arbitration proceedings with the Peruvian government in relation to a dispute over the terms of a legal stability agreement. EDELNOR claims that new rules for the tax depreciation of assets passed by the Government in 1998 are not applicable to the company because of the tax stability guaranteed by the legal stability agreement it executed with the Republic in 1996.

19 October 2001

Zuleta, Garrido, Araque & Jaramillo defends Merck & Co

Colombian firm Zuleta, Garrido, Araque & Jaramillo has successfully defended US-based medical research/pharmaceutical company Merck & Co in a constitutional action filed by Tecnoquímicas SA before the Supreme Court of Colombia.

14 September 2001

Trench, Rossi partners elected to São Paulo Arbitration Chamber

Partners Kazuo Watanabe and Antonio Urbino Penna Jr of Trench, Rossi e Watanabe Advogados (associated with Baker & McKenzie) have been elected to act at the Arbitration Chamber of São Paulo.

28 August 2001

Marval, O'Farrell & Mairal concludes ICC Arbitration for Sempra Energy International

Buenos Aires-based law firm Marval, O'Farrell & Mairal has represented US power utilities Sempra Energy International and CNG International in their ICC arbitration claims against Argentine cement company Loma Negra.

29 June 2001

Pérez Alati wins arbitration award

As an effective alternative to drawn-out court litigation, JM Huber Argentina SA was awarded around US$3.5 million in compensation and damages in an arbitration proceeding that had been instituted by Huber against Celulosa Argentina SA for breach of contract relating to a precipitated calcium carbonate (PCC) plant in Zarate.

08 June 2001

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