Region: Colombia

Glencore’s award against Colombia upheld

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

Colombia liable in high-mountain mining dispute

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

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

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