Costa Rica avoids damages in mining dispute
UPDATED: A divided 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.
Australian energy company prepares Caribbean oil claim
Perth-based energy company Star Phoenix has instructed counsel for a prospective LCIA claim against a Chinese purchaser over the sale of oil blocks in Trinidad and Tobago.
Damages and costs in investment treaty arbitration studied for a third time
As UNCITRAL draws closer to formulating recommendations for ISDS reform, Allen & Overy partner Matthew Hodgson has updated his study of damages and costs in investment treaty arbitration, confirming that tribunals are giving these issues greater attention even as costs incurred by claimants and respondents have dropped.
Colombia faces second ICSID claim over mine expansion project
Anglo American has filed an ICSID claim against Colombia following a local court order blocking expansion plans at a coal mine over environmental concerns – days after its partner in the project …
Volterra Fietta promotes partner
Public international law firm Volterra Fietta has promoted Peter Flint, who joined the firm as a consultant last year and has been advising on a potential treaty claim against Australia, to the …
Join us for GAR Connect: Eastern Mediterranean
Readers are invited to join us later this month for GAR Connect: Eastern Mediterranean, which will feature panels on the future of ISDS in the region and the shifting landscape of international …
Editor's picks
Lawyer behind mega-award launches boutique in London
Seamus Andrew, the lawyer who won a US$10 billion award against Nigeria and was recently revealed to have acquired a majority interest in the award creditor, has launched his own London disputes boutique.
“Wedding gift” to Gabonese mayor leads to set-aside
A French court has annulled a €90 million ICC award against Gabon after finding that a Maltese construction company’s gift of a luxury honeymoon trip to a public official was a “serious indication of corruption”.
Libya fails in corruption challenge to treaty award
The Paris Court of Appeal has upheld a US$51 million investment treaty award against Libya, rejecting the state’s allegations of corruption and ruling that the legality of the claimants’ investment was a matter for the arbitrators.
Volterra Fietta ordered to repay former client in BIT case
London boutique Volterra Fietta has been ordered to repay US$1.6 million to a former client after its conditional fee agreement for an investment treaty arbitration was found to be unenforceable.
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