Region: Costa Rica
Costa Rica defeats claim over public health closure
Costa Rica has defeated a Spanish businessman’s US$100 million ICSID claim over the closure of his chicken meat-processing business on public health grounds, avoiding liability findings or any award of damages.
01 July 2022
Pakistan and Costa Rica face ICSID claims
A Turkish construction company has launched an ICSID claim against Pakistan, while Costa Rica is facing a new claim at the centre brought by the renewables arm of Italian power company Enel.
14 October 2021
Canadian miner seeks to revive damages claim against Costa Rica
A Canadian mining company has applied to annul an ICSID tribunal’s decision not to award it any damages in a US$395 million claim against Costa Rica over a thwarted gold project.
04 October 2021
Costa Rica avoids damages in mining dispute
UPDATED: A divided ICSID tribunal has held Costa Rica liable in a third-party funded claim worth almost US$400 million brought by a Canadian gold mining company, while declining to award any damages.
04 June 2021
Costa Rican court enforces against non-signatory
The Supreme Court of Costa Rica has confirmed a US$23 million ICC award against one of the country’s largest construction groups – despite the fact it had not signed the underlying arbitration agreement.
22 March 2021
Ecotourism investors put Costa Rica on notice
A German family of ecotourism investors have threatened Costa Rica with an ICSID claim after their land was expropriated to build a hydropower plant.
19 March 2021
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