Region: Latin America & Caribbean

Contractor wins damages against Trinidadian state entity

A Brazilian contractor has won a US$126 million LCIA award against Trinidad and Tobago’s national infrastructure company in a dispute over a coastal highway project.

23 May 2022

Privy Council upholds Cayman enforcement decision

The UK Privy Council has upheld the enforcement of a Brazilian airline’s US$55 million ICC award in the Cayman Islands even though the arbitrators decided the case on the basis of a legal concept not pleaded by the parties.

19 May 2022

Cement investor brings claim against Dominican Republic

A US company has brought an ICSID claim said to be worth US$88 million against the Dominican Republic over a cement production enterprise.

18 May 2022

Mexico defeats bulk of claim over ship seizures

A divided UNCITRAL tribunal dismissed the bulk of a Singaporean investor’s US$227 million treaty claim against Mexico relating to the seizure of vessels during a fraud probe, a newly published ICSID award reveals.

12 May 2022

Ex-Oxy employees fail to win share of billion-dollar award

A US appeals court has refused to order Occidental Petroleum to pay a group of its former employees a share of a billion-dollar ICSID award it won against Ecuador over a terminated oil block contract.

09 May 2022

Diverse new committee for BVI centre

After publishing new rules last year, the British Virgin Islands' International Arbitration Centre has announced a new 22-member arbitration committee presided over by Caribbean arbitrator and mediator Shan Greer and with members from different regions of the globe.

06 May 2022

Dispute over Mexican broadcaster settles at ICC

Spanish and Mexican media companies have agreed to settle a shareholder dispute over control of a Mexican radio broadcaster that gave rise to ICC arbitration as well as conciliation and emergency arbitrator proceedings.

26 April 2022

Second port operator threatens Uruguay

An operator at a Montevideo port has warned of a potential investment treaty claim against Uruguay after the state reached a settlement with a rival company to avert a threatened US$1.5 billion ICSID claim.

14 April 2022

PCA hears cement group’s treaty claim against Ecuador

A Permanent Court of Arbitration tribunal is in place to hear a Swiss multinational’s investment treaty claim against Ecuador concerning liability for additional contributions to pensions of retired workers at a cement business.

13 April 2022

Rail consortium’s claim against Venezuela comes to light

An Italian construction consortium is pursuing a US$2 billion ICC claim against Venezuela over three rail projects, it has emerged – as a US sanitary products group refiles an investment treaty claim against the state.

11 April 2022

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