US ridesharing company Uber has threatened Colombia with a treaty claim following a ban on its operations in the country.
Philippi Prietocarrizosa Ferrero DU & Uría has boosted its partnership by adding two partners in Peru and one in Colombia.
A Peruvian construction group has withdrawn a US$300 million International Centre for Settlement of Investment Disputes (ICSID) claim against Peru over a gas pipeline project that collapsed in the wake of the Odebrecht corruption scandal – after reaching a deal with the country’s prosecutors.
Ecuadorian Latin Lawyer 250 firm Carmigniani Pérez Abogados has promoted two lawyers to the partnership – including appointing its first ever female partner – in doing so strengthening its banking, corporate and disputes practices.
Several Mexican firms have seen in the new year by strengthening their partner numbers.
A tribunal at the Permanent Court of Arbitration has declined jurisdiction over a claim by eight Spanish-Venezuelan nationals based on their dual nationality.
Venezuela's government-in-exile has applied to annul a US$9 billion International Centre for Settlement of Investment Dispute (ICSID) award won by US oil company ConocoPhillips over the expropriation of oil assets in the Orinoco Belt – while it argues before a Delaware court that the state's assets are shielded from other arbitral creditors because of the US sanctions regime.
Negotiators from the US, Canada and Mexico have signed a revised version of the trade agreement intended to replace NAFTA, increasing labour rights and environmental protections while retaining restrictions on investor-state dispute settlement agreed last year.
Transactional clout with regulatory specialism
A Peruvian court has overturned pre-trial detention orders against eight arbitrators accused of taking bribes from Brazilian construction company Odebrecht, including one whose arrest prompted outcries from the international arbitration community.