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An UNCITRAL award favouring Guatemala has surfaced as the state applies to collect costs from an Israeli energy company behind a failed US$117 million investment treaty claim.
17 January 2022
A Colombian energy distributor has launched a second ICSID claim against Guatemala over a project to upgrade the country’s electrical grid.
10 December 2021
Mexico has been hit with a second ICSID claim relating to a venture to provide digital technology for taxis – as Guatemala faces a claim by a Panamanian investor in a hydroelectric project.
16 November 2021
Guatemala has applied to annul an ICSID award on the basis of Bulgarian arbitrator Stanimir Alexandrov's alleged failure to disclose ties with an expert witness – a year after Spain successfully annulled an award based on similar allegations.
24 February 2021
Guatemala has lodged a counterclaim in a US$350 million DR-CAFTA dispute with third-party funded mining investors, seeking damages for alleged misrepresentation and a failure to meet environmental commitments.
12 February 2021
Guatemala has paid US$37.3 million to an ICSID creditor to lift an attachment on bond payments and avoid a sovereign default – though it has still to honour another award worth US$55 million rendered in the same dispute.
26 November 2020
A Colombian energy distributor has launched a US$230 million ICSID claim against Guatemala over a project to upgrade the Central American state’s electrical grid – with a second claim threatened.
05 November 2020
Guatemala has failed to knock out a US$350 million DR-CAFTA claim by two US mining investors, with a divided tribunal concluding they were entitled to pursue claims for reflective loss – despite the state’s arguments it could lead to double recovery.
09 April 2020
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