Work Area: Environment

Protests in DC as Pacific Rim ICSID hearings get underway

Demonstrators gathered in Washington, DC, last week as the merits hearing in a US mining company's dispute with the government of El Salvador goes ahead at ICSID.

22 September 2014

Arias & Muñoz in Panama Multibank loan

Arias & Muñoz (Panama) has acted as deal counsel for a US$40 million loan granted by the International Finance Corporation to Multibank.

03 September 2014

US government asked to comment on Peru treaty

An UNCITRAL panel hearing the first investment claim brought under the Peru-US trade promotion agreement has asked the United States to comment on a disputed provision in the treaty.

13 August 2014

DR-CAFTA claims loom against Dominican Republic

A US mining company has filed a DR-CAFTA claim against the Dominican Republic, as the Caribbean state receives word of another potential claim under the trade agreement from a family of Christian missionaries.

08 August 2014

Tauil & Chequer helps Ecopetrol enter Angola

Brazil’s Tauil & Chequer Advogados in association with Mayer Brown is helping Colombian state-owned energy company Ecopetrol acquire a 10 per cent interest in two oil blocks off the Angolan coast from Norway’s Statoil.

04 August 2014

Counsel win tenders for Costa Rica treaty claims

Herbert Smith Freehills and Arnold & Porter LLP have won tenders to defend Costa Rica in a pair of treaty claims brought by mining and real estate investors, according to government documents that shed light on the going rates for counsel services in investment arbitration.

04 August 2014

Ecuador held liable over tax on oil profits

An ICSID panel has upheld claims by Bahamian company Perenco over Ecuador’s 99 per cent tax on windfall oil profits, the state has announced.

29 July 2014

Sabesp turns to Lobo & de Rizzo for debt offering

Lobo & de Rizzo Advogados has helped São Paulo’s state-owned water utility company, Sabesp, with a US$225 million debentures offering.

18 July 2014

Vale sheds assets with reforestation fund sale

Brazil’s KLA-Koury Lopes Advogados has helped pulp and paper maker Suzano buy reforestation investment fund (FIP) Vale Florestar for US$238 million.

26 June 2014

Slow environmental review process should “never happen again” after HidroAysén, say lawyers

After years of waiting, the HidroAysén hydroelectric project in Chile’s wild Patagonian region has been blocked by an administrative council on environmental grounds, which lawyers say should not concern developers of other projects – so long as the authorities speed up their environmental review process.

17 June 2014

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