Region: Panama

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

The Panamanian Supreme Court has partially annulled an award in favour of an Ecuadorean port authority that held affiliates of a Hong Kong conglomerate liable under a concession contract that they had not signed.

14 May 2019

04 January 2019

A Florida court has upheld an ICC award in favour of the Panama Canal Authority in one of a series of disputes with an engineering consortium over the costs of a project for the waterway’s expansion.

21 June 2018