News Headlines

France and Spain succeed in gutting equitable compensation from arbitral awards obtained by Prestige’s insurers
Enforcement of Crimean petrol stations award against Russia will go forward in the USA, despite pending proceedings in unrelated cases
Parties dispute whether investors bringing high-stakes ICSID claims against Honduras must first exhaust local remedies, nature of charter city project, in Prospera v. Honduras submissions
Swedish court seeks CJEU preliminary ruling on interpretation of sanctions regulation that banned claims originating from Russian nationals
Three are in place to hear fourth ICSID arbitration between Glencore and Colombia
ICSID Chair dismisses challenge to all three arbitrators in HSBC v. El Salvador arbitration
[Updated] Ghana on notice of treaty-based dispute with gold miners
Revealed: In aviation dispute with Lebanon, ICSID ad hoc committee rejects investor’s annulment bid, upholding tribunal’s findings on quantum against contention that claimant should have been awarded higher amounts
Analysis: ICSID tribunal in Finley v. Mexico finds respondent liable for denial of justice and breach of national treatment provisions under NAFTA and USMCA deriving from conduct of state-owed energy company and domestic courts
Analysis: ICSID tribunal in Finley v. Mexico partially upholds state’s preliminary objections based on contractual nature of challenged measures and ratione temporis issues under NAFTA and the USMCA; second part of claims passes jurisdictional review

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