Chile defeats international arbitration claim over bus network
Credit: shutterstock.com/Cristian Silva Villalobos
An International Centre for Settlement of Investment Dispute (ICSID) tribunal has dismissed a US$354 million claim against Chile brought by Colombian investors in a concession for a public bus system in Santiago, finding that the impact of fare evasion and vandalism did not amount to indirect expropriation by the state.
To read more
Subscribe to Latin Lawyer
Subscribe and start reading now
Latin Lawyer is your definitive source of news, analysis, and research from the Latin American legal community. It keeps you up to speed with the issues and trends that matter and provides the data and tools you need to operate successfully.
Subscribe now