Work Area: Arbitration

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

Enel and Panama settle ICSID dispute

Panama has agreed to pay Italian energy company Enel to settle an International Centre for Settlement of Investment Disputes (ICSID) case over delay in the construction of an electricity transmission line.

24 August 2021

Lobo de Rizzo partner joins WZ Advogados

São Paulo firm WZ Advogados has hired a partner from Lobo de Rizzo Advogados, strengthening its disputes practice.

13 August 2021

Ecuador deposits ratified ICSID Convention

Ecuador has deposited its instrument ratifying the International Center for Settlement of Investment Disputes (ICSID) Convention with the World Bank and is now less than 25 days from rejoining the treaty.

10 August 2021

Echecopar promotes four in Peru

Estudio Echecopar member of Baker McKenzie International has appointed two partners and two of counsel through promotions, reinforcing its labour, trade, disputes and banking groups.

06 August 2021

Spanish contractor to settle Panamanian hospital dispute

A Spanish construction company has reportedly agreed to withdraw a US$125 million International Chamber of Commerce (ICC) claim against a Panamanian state entity over a hospital project that was disrupted by a bribery investigation and the covid-19 pandemic.

06 August 2021

Ecuador in “default” as stay on Perenco arbitration award is lifted

Bahamian oil company Perenco says Ecuador has defaulted on an undertaking to pay a US$391 million International Centre for Settlement of Investment Disputes (ICSID) award, as a US court lifts a stay on its enforcement.

03 August 2021

Muriel Advogados hires KLA lawyer as partner following split

Brazil’s Muriel Advogados, which recently rebranded as a disputes boutique following the departure of several former name partners, has hired a lawyer from Latin Lawyer 250 firm KLA Advogados as partner.

29 July 2021

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