Region: Venezuela, Bolivarian Republic of

Steelmaker enforces second award against Venezuela

A US court has enforced a US$253 million ICSID award against Venezuela, the second of two awards won by a Luxembourg steelmaker following the nationalisation of the country’s steel industry.

07 April 2021

Dual national’s pharma claim against Venezuela gets underway

An UNCITRAL tribunal is in place to hear a dual national’s US$200 million investment treaty claim against Venezuela over the expropriation of a family pharmaceuticals business.

04 March 2021

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