Work Area: Arbitration

Panama Canal arbitrators under fire over "cross-appointments"

The consortium that oversaw the expansion of the Panama Canal has applied to set aside a US$265 million International Chamber of Commerce (ICC) award in favour of the canal authority, alleging that the arbitrators failed to disclose “multiple cross-appointments and inter-relationships”.

09 December 2020

Peruvian state bank settles gold mine dispute

A Peruvian state-owned development bank has agreed to pay US$34 million to a Canadian-listed mining company to satisfy a Lima arbitration award and settle a dispute over the financing of a gold project.

07 December 2020

Colombian mining arbitration clears hurdle

An International Centre for Settlement of Investment Disputes (ICSID) tribunal has rejected Colombia’s preliminary objections to a US$250 million treaty claim brought by a Canadian company, which says illegal miners have blocked access to its gold and silver projects in the country.

03 December 2020

Guatemala pays arbitration award to avoid default

Guatemala has paid US$37 million to an International Centre for Settlement of Investment Disputes (ICSID) creditor to lift an attachment on bond payments and avoid a sovereign default – though it has still to honour another award worth US$55 million rendered in the same dispute.

30 November 2020

Codelco threatens Ecuador with arbitration

Chile’s state-owned copper company has threatened to file an investment treaty claim against Ecuador over the alleged failure of its national mining company to comply with agreements to develop a multibillion copper project near Quito.

27 November 2020

Mega-arbitration against Brazil to proceed

An arbitral tribunal has reportedly upheld jurisdiction over a third-party funded claim worth up to US$35 billion brought against Brazil by a minority shareholder in Petrobras over losses the state-owned oil company sustained as a result of the Lava Jato corruption probe.

26 November 2020

Argentine grid manager faces third arbitration

A third renewables investor is bringing a United Nations Commission on International Trade Law (UNCITRAL) claim against Argentina’s electricity market manager at the Permanent Court of Arbitration (PCA).

23 November 2020

Winston & Strawn LatAm partner joins Biden administration

Winston & Strawn LLP's Latin America-focused arbitration partner Julissa Reynoso Pantaleón has been appointed as chief of staff to incoming US first lady Jill Biden.

20 November 2020

Peru threatened with arbitration over environmental fine

A cacao plantation owner has threatened to file an International Center for the Settlement of Investment Disputes (ICSID) claim against Peru after it was hit with a US$35 million fine for breaching environmental regulations.

18 November 2020

Clifford Chance's LatAm disputes head goes solo

Ignacio Suarez Anzorena has left his position as head of Latin American disputes at Clifford Chance LLP in Washington, DC, to go solo as an arbitrator based in Uruguay.

17 November 2020

Get unlimited access to all Latin Lawyer content