Work Area: Arbitration

Ecuador to rejoin ICSID

In a major policy reversal, a new government in Ecuador has signed the International Centre for Settlement of Investment Disputes (ICSID) Convention more than a decade after the state withdrew from the treaty.

23 June 2021

Dutch court overturns ruling in Petrobras fraud suit

A Dutch court has reversed its decision to exclude certain claimants from a class action brought on behalf of investors in Petrobras who suffered losses due to the Lava Jato corruption scandal - after it emerged the Brazilian company had taken conflicting positions on the applicability of an arbitration clause.

22 June 2021

Second insurer threatens Chile over pension reforms

A subsidiary of Switzerland’s Zurich Insurance has become the second investor to threaten Chile with a treaty claim over reforms to its private pension system.

21 June 2021

Bichara boosts disputes group with SiqueiraCastro hire

Brazilian law firm Bichara Advogados has bolstered its litigation and arbitration offerings by hiring a partner from fellow Latin Lawyer 250 firm SiqueiraCastro.

18 June 2021

Robalino Law adds three partners in Ecuador

Less than a month after launching its fourth Ecuadorian office, Robalino Law has boosted its disputes, labour, IP and natural resources departments by promoting three lawyers to partner.

16 June 2021

Pellerano & Herrera partner joins DMK in the Dominican Republic

Dominican law firm DMK Abogados has appointed two disputes partners by rehiring a former senior associate and adding a partner from Latin Lawyer 250 firm Pellerano & Herrera.

15 June 2021

Insurer pursues arbitration against Bolivia over pension reforms

A United Nations Commission on International Trade Law (UNCITRAL) tribunal has begun hearing a Swiss insurance company’s claim against Bolivia over the nationalisation of its pension system.

11 June 2021

Colombia faces second ICSID claim over mine expansion project

Multinational mining company Anglo American has filed an International Centre for Settlement of Investment Disputes (ICSID) claim against Colombia following a local court order blocking expansion plans at a coal mine over environmental concerns – after its partner in the project Glencore which has also lodged a claim against the state.

10 June 2021

Ecuador fails to annul bulk of Perenco arbitration award

An International Centre for Settlement of Investment Disputes (ICSID) committee has largely upheld Bahamian oil company Perenco’s US$449 million award against Ecuador – reducing the damages by US$36 million after annulling certain findings on quantum.

09 June 2021

Costa Rica avoids damages in mining dispute

A divided International Centre for Settlement of Investment Disputes (ICSID) tribunal has held Costa Rica liable in a third-party funded claim worth almost US$400 million brought by a Canadian gold mining company, while declining to award any damages.

08 June 2021

Unlock unlimited access to all Latin Lawyer content