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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
A Florida-based power company has applied to a US court to enforce a US$21 million ICSID award against Guatemala, as it pursues a resubmitted treaty claim for 10 times that amount.
17 January 2017
Four years after he was admitted for the landmark Astro v Lippo case, English barrister Toby Landau QC has been denied permission to appear in the Singapore courts on behalf of a Chinese client in a challenge to a US$149 million ICC award.
30 November 2016
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