Region: Costa Rica
Centro Internacional de ConciliaciÛn y Arbitraje (CICA)
28 January 2020
Panel dissolves Chinese-Costa Rican refinery project
UPDATED WITH AWARD: An ICC tribunal has granted a Costa Rican state entity’s request to dissolve its joint venture with a Chinese counterpart in a politically sensitive dispute over a cancelled US$1.5 billion project to upgrade an oil refinery – while related criminal proceedings continue.
01 November 2019
Centro Internacional de ConciliaciÛn y Arbitraje (CICA)
04 January 2019
Costa Rica tribunal acknowledges award error
After rejecting a string of DR-CAFTA claims against Costa Rica last year on jurisdictional grounds, a tribunal has told the parties that the award contains a “factual error” regarding the status of litigation in the country and asked whether they should correct it or terminate the case.
20 April 2017
Costa Rica wins second ICSID case this year
Fresh from a win against a Spanish investor, Costa Rica has defeated a US$75 million ICSID claim brought by one of Mexico’s wealthiest families over alleged price-fixing in the liquefied petroleum gas market.
13 March 2017
Costa Rica wins at ICSID and defends DR-CAFTA award
AWARD NOW PUBLISHED: A tribunal has rejected a five-year-old ICSID claim against Costa Rica in a majority ruling, as the state prepares to defend a DR-CAFTA award in its favour that beachfront real estate investors are seeking to overturn in Washington, DC.
26 January 2017
Get unlimited access to all Global Arbitration Review content