Region: Colombia

An ICSID committee has upheld a US$19 million award in favour of Swiss mining group Glencore against Colombia, finding the tribunal was right to refuse to consider documents relating to allegations of corruption.

27 September 2021

A divided ICSID tribunal has found Colombia liable in a US$700 million claim brought by a Canadian mining company that was deprived of its right to operate within an environmental preservation zone.

13 September 2021

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 Glencore lodged a claim against the state.

03 June 2021

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

Colombia has defeated a US$40 million ICSID claim brought by an investor in a bank that was nationalised during the country’s financial crisis in the 1990s.

20 April 2021

An UNCITRAL tribunal has rejected a US$1.3 billion claim brought by Spanish energy group Naturgy against Colombia over the government's seizure and liquidation of an electricity distribution company  – but also dismissed a counterclaim by the state.

15 March 2021

UPDATED: A Colombian public utility is seeking US$1.6 billion from a Spanish insurer following the collapse of a hydroelectric dam which caused a major flood, while another billion-dollar dispute with the consortiums behind the project has also gone to arbitration.

18 January 2021

An ICSID tribunal has rejected Colombia’s preliminary objections to a US$250 million treaty claim brought by a Canadian company which says illegal miners have blocked access to its gold and silver projects in the country.

01 December 2020

Canada’s Frontera Energy has settled a pair of arbitrations with Colombian state-owned oil company Ecopetrol over terminated contracts for two of the Latin American country’s key oil pipelines.

26 November 2020

A Canadian gold miner says it has defeated a US$50 million ICC claim brought by a customer in Colombia over the termination of a supply agreement.

12 November 2020