Region: Panama

Panama Canal arbitrators cleared of bias

A US court has upheld an ICC award worth over US$270 million in favour of the Panama Canal Authority, rejecting a construction consortium’s allegations that the arbitrators showed bias by failing to disclose their “cross-appointments” in other cases.

19 November 2021

Panama faces billion-dollar claim over mining project

A Canadian mining company is preparing a US$2.8 billion ICSID claim against Panama over the alleged expropriation of a controversial gold extraction project.

06 October 2021

Enel and Panama settle ICSID dispute

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

Construction investor brings third ICSID claim against Panama

A US construction group has brought a third ICSID claim against Panama arising from its portfolio of projects in the country.

21 June 2021

Panama faces bid to revive mining claim

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

ICC stands by Panama Canal arbitrators

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

Panama Canal arbitrators under fire over "cross-appointments"

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

Panama escapes bulk of mining claim

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

Panama Canal Authority reports win in ICC case

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

Details of Panama biofuels dispute emerge

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

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