Organisation: International Centre for Settlement of Investment Disputes (ICSID)

A US court has confirmed a tortilla maker’s US$430 million International Centre for Settlement of Investment Disputes (ICSID) award against Venezuela, rejecting arguments that the interim government of former opposition leader Juan Guaidó was denied due process when it was barred from appearing in annulment proceedings.

25 May 2023

A Michigan manufacturer has made good on its threat to lodge a US$3 billion claim against Mexico, alleging that authorities expropriated its land based on a presidential resolution issued nearly 90 years ago.

18 May 2023

A US court has found Argentina liable in a Burford Capital-funded litigation arising from the nationalisation of oil and gas operator YPF more than a decade ago – with a multibillion-dollar damages claim still to be determined.

12 April 2023

A UK election technology investor has applied to disqualify arbitrator Raúl Vinuesa from hearing a US$1.5 billion International Centre for Settlement of Investment Disputes (ICSID) claim against Venezuela, alleging that his repeat appointments by the state raise doubts about his impartiality.

24 March 2023

A US court has enforced a US$412 million International Centre for Settlement of Investment Disputes (ICSID) award against Ecuador that was the subject of a recent settlement agreement – while refusing to offset it against a disputed tax bill.

22 March 2023

An International Centre for Settlement of Investment Disputes (ICSID) tribunal has rejected a claim worth up to US$198 million brought by a group of US investors against Nicaragua over the termination of an oil and gas concession.

09 March 2023

Canadian mining investors have lodged a North American Free Trade Agreement (NAFTA) legacy claim against Mexico and threatened another, as the deadline to bring such cases approaches.

08 March 2023

Bolivia has confirmed it is challenging a US$105 million investment treaty award in favour of a Spanish banking group as it provides updates on nine other pending arbitrations.

27 February 2023

A US-owned catering group has threatened Chile with a treaty claim as it seeks payment for meals provided to the country’s public schools during the 2019 riots.

21 February 2023

A Mexico-registered financial services firm has brought an International Centre for Settlement of Investment Disputes (ICSID) claim worth more than US$100 million against Honduras for allegedly seizing control of the company in contravention of a local court order.

20 February 2023