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Laos sees awards upheld in casino saga
Two gaming companies whose billion-dollar investment treaty claims against Laos were dismissed because of evidence of bribery and fraud have lost a final appeal against the outcome in Singapore, after a related SIAC award was also upheld.
25 November 2022
Canadian bank brings ICSID claim against Peru
A Canadian bank has brought an ICSID claim against Peru over a nearly 15-year long tax dispute, as a contractor turns to new counsel to challenge an award in a separate dispute with the Andean state.
25 November 2022
Middle Eastern firm promotes two
Alem & Associates has promoted Mazen Ghosn, who acted in the high-profile Kabab-Ji dispute, and Rana Kahwagi to partner in its arbitration team in Beirut.
25 November 2022
Lithium miner threatens treaty claim against Chile
A Chilean-Taiwanese mining venture is reportedly considering a US$2.5 billion treaty claim against Chile, alleging that plans to give a state-owned entity exclusive rights over a lithium deposit amount to an unlawful expropriation.
25 November 2022
Peru’s evidence in Odebrecht cases leads to rift with Brazil
Brazilian prosecutors have reportedly suspended cooperation with Peru on high-profile corruption investigations because of concerns about the state’s use of evidence in arbitrations relating to Odebrecht projects.
24 November 2022
Guatemala to settle ICSID power tariff feud
Guatemala has agreed to pay US$46 million to a US investor to settle a long-running dispute over electricity tariffs that went before four different ICSID panels.
24 November 2022
Milbank adds partner from King & Spalding
Viren Mascarenhas has left King & Spalding, where he helped to secure a high-profile Energy Charter Treaty award against Italy, to join Milbank as a partner in its international arbitration group in New York.
24 November 2022
Who is sitting at ICSID?
Australian barrister Allan Myers KC, Canadian investment law specialist Todd Weiler and the UK’s Robert Anderson KC have received first-time appointments in the latest round of panels formed at ICSID.
24 November 2022
EU parliament calls for ECT withdrawal
The European Parliament has called for the EU to exit the “outdated” Energy Charter Treaty – as the ECT’s signatories delay a vote on amendments to the treaty until at least April next year.
24 November 2022
Essex Court recruits from 4 New Square
Public international law practitioner Matthieu Gregoire, who has defended Pakistan and Sri Lanka at ICSID, has left 4 New Square to join Essex Court Chambers in London.
24 November 2022