Region: Dominican Republic
Dominican Republic defeats bid to revive lost profits claim
A Spanish wind farm investor has failed to revive a nearly US$288 million ICC claim against the Dominican Republic for lost profits, while an Australian mining company’s ICSID claim against the Caribbean state has cleared the jurisdictional stage.
02 March 2022
Dual nationals lose appeal over DR-CAFTA award
A US appeals court has affirmed that two US-Dominican investors were out of time in serving set-aside proceedings on the Dominican Republic in their bid to revive a nearly US$42 million DR-CAFTA claim.
27 October 2021
Dominican Republic declares win in bus lease dispute
The Dominican Republic says it has defeated a treaty claim brought by a Spanish investor over a bus lease contract, with a tribunal concluding it was an abuse of process.
06 October 2021
Wind park investor seeks to revive Dominican lost profits claim
A Spanish renewable energy company has applied to a Miami court to revive a nearly US$288 million ICC claim against the Dominican Republic for lost profits from a wind park that was never built.
12 May 2021
Dominican power barge dispute looms
A US company has reportedly threatened the Dominican Republic with international arbitration after the state refused to allow it to operate a second power barge on one of its rivers.
05 May 2021
Claim under Caribbean treaty clears hurdle
An UNCITRAL tribunal has said it can hear a Jamaican businessman’s US$600 million investment treaty claim against the Dominican Republic under its trade agreement with the Caribbean Community – as a dissenting arbitrator says it takes “a lot of imagination” to believe the state had clearly consented to arbitrate in the treaty.
17 July 2020
Dual nationals seek to revive claim against Dominican Republic
Two US-Dominican nationals have applied to set aside a DR-CAFTA award that rejected their US$41.5 million claim against the Dominican Republic on the basis of their "dominant and effective" nationality.
05 December 2019