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Colombia has prevailed in two investment treaty disputes – a billion-dollar ICSID claim by Mexico's América Móvil over the alleged expropriation of a telecoms concession and a US$323 million UNCITRAL claim brought by three dual nationals over their former ownership of a bank.
10 May 2021
An ICSID tribunal has ruled that the participation of a Kosovan minister in a claim against his own government was “possibly unprecedented” but not procedurally unfair, finding he was entitled to the same protections as any other businessman legitimately operating through a foreign company.
08 January 2021
UPDATED: An UNCITRAL tribunal has thrown out a US$14.5 billion treaty claim brought by fugitive banker Sergei Pugachev against Russia, finding that he was not a French national at the time he made his investments.
22 June 2020
Two US-Dominican nationals have applied to set aside a DR-CAFTA award that rejected their US$41.5 million claim against the Dominican Republic on the basis of their "dominant and effective" nationality.
05 December 2019
A tribunal has declined jurisdiction over a US$370 million investment treaty claim against Venezuela after finding that the state had not consented to UNCITRAL arbitration – also saying it would have rejected the case in any event because of the investors’ dual nationality.
14 November 2019
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