Region: Guatemala
Expert ties under scrutiny in Guatemala annulment bid
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 launches counterclaim in mining dispute
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 pays ICSID award to avoid default
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
Guatemalan power project generates ICSID claim
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
DR-CAFTA claim against Guatemala clears hurdle
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
Guatemala faces ICSID enforcement bid
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
Landau denied second appearance in Singapore
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
