Work Area: Arbitration

IBA panel predicts LatAm investment arbitration to rise

As Latin American states look increasingly to foreign investment to fill the infrastructure gap, the number of disputes is expected to increase amidst a backdrop of political instability and rising ESG trends, suggested lawyers speaking on a panel at the IBA’s Annual Conference in Paris.

10 November 2023

Tax fraud leads to partial set-aside of Venezuelan treaty award

The Paris Court of Appeal has wiped more than US$126 million off an investment treaty award against Venezuela after finding that it compensated the claimants for payments that had contributed to a tax evasion scheme in Chile.

09 November 2023

Bolivia reports win in mining claim

Bolivia says it has defeated an investment treaty claim pursued by the estate of a deceased dual national who alleged his mining concessions had been expropriated.

08 November 2023

NAFTA award survives appearance of bias

A Canadian court has refused to revive a US$3 billion North American Free Trade Agreement (NAFTA) claim against Mexico despite finding that the conduct of the state’s appointed arbitrator gave rise to a reasonable apprehension of bias.

03 November 2023

Rubio Leguía adds two partners and one consultant in Peru

Peru’s Rubio Leguía Normand has bolstered its corporate, disputes and tax areas by hiring a partner from Estudio Olaechea, appointing a lawyer from Freshfields Bruckhaus Deringer LLP as consultant and promoting one of its lawyers to the senior rank.

02 November 2023

LACCA Approved 2024 is now live!

LACCA has published its latest Approved list, a directory of the region’s most popular private practice lawyers, as voted for by the Latin American in-house counsel community.

30 October 2023

DLA Piper appoints LatAm arbitration co-head

DLA Piper LLP has appointed Campos Mello Advogados partner João Marçal Martins as co-head of its Latin American arbitration practice.

27 October 2023

Venezuela fails to overturn Air Canada award

The Paris Court of Appeal has upheld a US$20 million International Centre for Settlement of Investment Disputes (ICSID) additional facility award won by Air Canada against Venezuela over earnings the state refused to convert from bolivars to US dollars.

26 October 2023

Swiss chemicals group inks investment protection deal in Ecuador

Pérez Bustamante & Ponce (PBP) has helped Swiss chemicals group Sika sign an investment protection agreement (IPA) with the Ecuadorean government over a US$24 million expansion project.

25 October 2023

Holland & Knight appoints two senior counsel in Mexico

Holland & Knight (Mexico) has bolstered its real estate and international arbitration practices by hiring a legal manager from Mexican conglomerate Grupo Delta as senior counsel and promoting one of its lawyers to the same role.

24 October 2023

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