Region: Colombia

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 Glencore lodged a claim against the state.

03 June 2021

Colombia defeats telecoms and banking claims

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 defeats ICSID claim over bank measures

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

Colombia defeats billion-euro power claim

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

Disputes arise from Colombian hydro disaster

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

Colombian mining claim clears hurdle

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

Colombian pipeline dispute settles

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

ICC panel rules in Colombian gold dispute

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

Odebrecht bribery ruling upheld in Colombia

Colombia’s highest administrative court has upheld an award that nullified an Odebrecht consortium’s contract for a billion-dollar highway construction on grounds of corruption – a project that has also given rise to ICC claims and the threat of an investment treaty arbitration.

14 October 2020

La Comision Interamericana de Arbitraje Comercial

28 January 2020

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