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28 January 2020
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
04 January 2019
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
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
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
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