Tribunal rejects damages model in light of Venezuela's risky economy
Steelmakers from Portugal and Luxembourg have won US$172.8 million damages against Venezuela – less than a quarter of the amount sought – in an ICSID award that considers the damages valuation methods appropriate when dealing with expropriation in an unpredictable economy.
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.
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10