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AWARD NOW PUBLIC: Panama has agreed to pay Italian energy company Enel to settle an ICSID case over delay in the construction of an electricity transmission line.
20 August 2021
A US construction group has brought a third ICSID claim against Panama arising from its portfolio of projects in the country.
21 June 2021
US mining company Dominion Minerals has applied to partially annul an ICSID award that dismissed the bulk of its US$322 million damages claim against Panama over the expropriation of a mining concession.
22 March 2021
The ICC has refused to disqualify three arbitrators who issued a US$265 million award in favour of the Panama Canal Authority, ruling that their alleged failure to disclose certain professional relationships did not call their impartiality into question.
19 February 2021
The consortium that oversaw the expansion of the Panama Canal has applied to set aside a US$265 million ICC award in favour of the canal authority, alleging that the arbitrators failed to disclose “multiple cross-appointments and inter-relationships”.
27 November 2020
An ICSID tribunal has found Panama liable for the expropriation of a mining concession while awarding the US claimant significantly less than the US$684 million it had sought in damages.
09 November 2020
An ICC tribunal has ordered the consortium that worked on the expansion of the Panama Canal to repay US$265 million to the country's canal authority while awarding the contractor a smaller amount of damages.
28 September 2020
An Italian-owned company is seeking more than US$100 million in an ICSID claim against Panama over what it calls a “multi-pronged blitzkrieg” against its biofuel operations, including regulatory changes and allegations of environmental pollution.
23 July 2020
28 January 2020
Two tribunals have been constituted to hear cases at the Permanent Court of Arbitration – one brought against Interpol relating to the detention of its former president and another against Panama by a shareholder in a liquidated insurance company.
05 December 2019
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