Eduardo Zuleta - ARBITRATOR PROFILE AND APPOINTMENTS

RECENT IAREPORTER COVERAGE ABOUT Eduardo Zuleta

• Analysis: Allegations of Odebrecht-related corruption fail for second time in Lima highway concession dispute, despite tribunal applying flexible evidentiary standard; dissenter thought that corruption case was sufficiently made
  Jan 27, 2023
• As award in second contract arbitration with highway concessionaire surfaces, Lima moves to cancel concession - raising spectre of potential treaty claim
  Jan 24, 2023
• Analysis: Considerations of nationality play key role in UNCITRAL tribunal’s decision to decline jurisdiction over alleged investors in Mexican hotel ventures
  Jan 04, 2023
• Analysis: ICC tribunal dismisses jurisdictional objections based on illegality allegations, and considers that decisions by Kosovo’s Central Bank are owed deference – thus seeing no violation of Kosovo’s FIL on the merits
  Nov 25, 2022
• UNCITRAL tribunal declines jurisdiction over claims by investors in Mexican eco-tourism projects
  Nov 23, 2022
• FIL-based ICC tribunal dismisses microfinance company’s claim against Kosovo
  Nov 21, 2022
• Eduardo Zuleta is tapped to chair second treaty arbitration between Devas’ shareholders and India
  Oct 06, 2022
• Claimants in billion-dollar dispute with Venezuela ask for supplementary decision and rectification
  Apr 29, 2022
• ICSID tribunal awards 1.6 billion USD in compensation for expropriation of investment in Venezuela’s agriculture sector; dissenter would have declined jurisdiction due to manifest inexistence of foreign investment
  Mar 24, 2022
• Mexican taximeter arbitrations are consolidated after claimants settle partnership dispute
  Mar 11, 2022
• ICSID ad hoc committee is formed to hear bid by Bangladeshi state-owned entities to annul contract-based gas award
  Mar 10, 2022
• Free to View: NAFTA/USMCA tribunal invites amicus curiae applications in emissions trading arbitration
  Feb 02, 2022
• ICSID ad hoc committee dismisses investors’ bid to annul second Micula v. Romania award
  Jan 05, 2022
• Spain files for annulment of solar power award
  Dec 22, 2021
• Power generation arbitration against Saudi Arabia concludes with an award
  Dec 15, 2021
• Halliburton subsidiary is pursuing arbitration against Petroecuador, with a tribunal already in place
  Sep 07, 2021
• Analysis: STEAG v. Spain tribunal applies discounts for taxation measure, gas-produced energy, contributory fault, reduction in lifespan, and sale of investment - reaching a damages figure of 27.7 million EUR
  Aug 19, 2021
• Tribunal majority orders Spain to pay 27.7 million EUR in damages to renewables investor, but arbitrators apply several discounts
  Aug 18, 2021
• Kosovo Round-Up: One case is discontinued, details surface about several pending arbitrations, and further updates
  Jul 22, 2021
• [Updated] EU Commission lodges state-aid investigation into Antin v. Spain ECT award, citing the CJEU’s Achmea judgment
  Jul 19, 2021
• Eduardo Zuleta is tapped to chair mining claim against Mongolia
  Jul 09, 2021
• Analysis: Ad hoc committee finds that parties cannot waive the tribunal’s duty to render a reasoned award, but ultimately upholds bulk of Perenco v. Ecuador award; two discrete damages calculations are annulled for failure to state reasons
  Jun 02, 2021
• Bulk of Perenco v. Ecuador award is upheld, but annulment committee finds fault with two discrete damages items
  May 29, 2021
• Three are in place to hear emissions trading claim against Canada
  Apr 28, 2021
• Kosovo Round-Up: A new case, new tribunals, and updates to ongoing arbitration disputes
  Apr 16, 2021
• Familiar faces are tapped to hear taximeter arbitration against Mexico
  Jan 28, 2021
• Easing of Qatar-Saudi Arabia tensions could affect treaty-based arbitrations
  Jan 14, 2021
• Award in favour of Russia surfaces, as claimant seeks to set it aside in Spanish courts
  Dec 09, 2020
• Eduardo Zuleta is tapped to chair renewable energy arbitration against Panama
  Oct 19, 2020
• Analysis: Tribunal majority in STEAG v. Spain reads investment pre-registration requirement as incorporating a specific commitment, but sees contributory fault by the investor; dissenter considers that the investment received a reasonable return
  Oct 16, 2020
• Tribunal majority in STEAG v. Spain finds that the state breached the claimant's legitimate expectations, but applies discounts to damages; Pierre-Marie Dupuy dissents
  Oct 13, 2020
• Sastre v. Mexico tribunal orders bifurcation of the proceedings after finding that Mexico’s jurisdictional objections, including objections to alleged “self-consolidation” and dual nationality, are prima facie serious
  Sep 23, 2020
• An ad hoc committee is in place to hear the investors’ bid to annul second Micula v. Romania award
  Aug 31, 2020
• OIC round up: An update on pending arbitration cases lodged under the OIC Investment Agreement
  Aug 11, 2020
• Analysis: Pugachev v. Russia tribunal sees no obstacle to BIT claims by dual national, but a majority declines jurisdiction after finding no foreign nationality at the time of the investment
  Jun 23, 2020
• [Updated] Russia announces that it prevailed in billion-dollar Pugachev v. Russia arbitration
  Jun 22, 2020
• [Updated with full analysis ] NAFTA tribunal dismisses claims in Nelson v. Mexico, leaving investor with $2 million costs order
  Jun 17, 2020
• Eduardo Zuleta is tapped to chair ad hoc committee in hotel development arbitration against Sri Lanka
  Jun 04, 2020
• Balkans Round-Up: An update on disputes against Albania, Bosnia, Greece, North Macedonia and Romania
  May 15, 2020
• A tribunal is in place to hear funder-backed claims against Uruguay
  May 08, 2020
• [UPDATED] As tribunal splits on jurisdiction, Spain prevails in under-the-radar UNCITRAL treaty claim
  Apr 23, 2020
• An UNCITRAL tribunal is in place to hear dispute over failed Mexican hotel ventures
  Mar 13, 2020
• UPDATED: ICSID ad hoc committee offers to extend stay of enforcement of $400+ million arbitral award, if respondent-state commits to pay award if annulment application is unsuccessful
  Feb 24, 2020
• Dominique Hascher is tapped to chair Venezuela’s bid to annul +$8 billion (US) Conoco award
  Feb 04, 2020
• ICSID ad hoc committee extends stay of enforcement of Caratube II award, referring to the claimants’ conduct relative to previous arbitration
  Dec 19, 2019
• Venezuela files for annulment of hefty ConocoPhillips award
  Dec 18, 2019
• UNCITRAL tribunal rejects security for costs application prompted by Russia’s belated decision to defend itself in under-the-radar Crimea case
  Nov 29, 2019
• Three are named to hear Ecuador's bid to annul September 2019 Perenco award
  Nov 19, 2019
• After Spain award is trimmed down by €11 million, annulment committee declines request to stay its enforcement
  Oct 31, 2019
• Caratube v. Kazakhstan (II): Parties resume previously-suspended annulment proceedings; an ICSID ad hoc committee is formed, with Eduardo Zuleta tapped to chair
  Sep 26, 2019
• UPDATED: Tribunal agrees to correct errors in Conoco v. Venezuela award, thus stripping $227 million off of $8.3 billion previously awarded
  Aug 30, 2019
• ConocoPhillips v. Venezuela award (analysis 1 of 2): tribunal considers contractual liability caps and supports ex-post valuation at date of award
  Mar 11, 2019
• ConocoPhillips v. Venezuela award (analysis 2 of 2): tribunal rules on questions of evidence, discount rate, and costs
  Mar 11, 2019
• South American Silver v. Bolivia (Part 1 of 3): tribunal split as to whether indirectly-owned investments are covered by BIT, but majority upholds jurisdiction
  Feb 21, 2019
• South American Silver v. Bolivia (Part 2 of 3): tribunal finds that there is no “clean hands” doctrine under international law, and finds unlawful expropriation due to termination of mining concessions in protest-plagued region
  Feb 21, 2019
• South American Silver v. Bolivia (Part 3 of 3): majority sees no breach of FET or full protection; damages analysis sees only sunk costs as due
  Feb 21, 2019
• Dispute over struggling Veolia venture in Italy is now set to proceed, after Eduardo Zuleta is selected to chair arbitration
  Jan 25, 2019
• South American Silver wins on expropriation in long-running bilateral investment treaty case – but collects only sunk costs from Bolivia
  Nov 23, 2018
• Spain fails in its bid to disqualify chairman of investment arbitral tribunal
  Sep 12, 2018
• Tribunal is now in place to hear claim by Turkish investor against Azerbaijan; Eduardo Zuleta will chair the proceedings
  Aug 21, 2018
• Challenge filed against Eduardo Zuleta as hearings loom
  Aug 10, 2018
• Antin v. Spain (Part 1): arbitrators see extensive due diligence by investors in concentrated solar power sector, and reject a series of jurisdictional and admissibility objections
  Jun 24, 2018
• Antin v. Spain (Part 2): Spain breached investors’ legitimate expectations when eliminating essential features of regulatory framework despite previous representations of legal stability
  Jun 24, 2018
• [UPDATED with award] Spain suffers another nine figure loss, this time in Zuleta-chaired Energy Charter Treaty arbitration
  Jun 19, 2018
• Kaufmann-Kohler in chair for new effort by Iberdrola to sue Guatemala under Spanish investment treaty
  Jun 13, 2018
• Saudi Arabia's challenge to Stanimir Alexandrov is rejected
  Apr 30, 2018
• As ICSID process grinds on, ICC tribunal weighs in with ruling under contract and orders PDVSA to pay ConocoPhillips $2 billion for breach of oil contracts
  Apr 25, 2018
• Arbitrator challenges: Bernard Hanotiau survives challenge in pending BIT arbitration; Saudi Arabia lodges challenge to Stanimir Alexandrov
  Mar 19, 2018
• ANALYSIS: Spain immediately seeks to test whether ECJ judgment reaches to Energy Charter Treaty cases; however request to reopen two closed proceedings also raises specter of arbitrator challenge
  Mar 09, 2018
• Luca Radicati di Brozolo to helm annulment committee in Venezuela case
  Mar 07, 2018
• As one BIT claim by Telefonica in Latin America comes to an end, another is filed
  Feb 21, 2018
• As Hydro v. Albania BIT case plays out at ICSID, Albania announces victory in related ICC contract case; claimant says it has filed a second ICC claim for expropriation
  Jan 26, 2018
• In now-surfaced Valores Mundiales award, arbitrators highlight why Venezuela’s denunciation of the ICSID Convention did not prevent a claimant from later filing for arbitration
  Nov 05, 2017
• Zuleta-led tribunal in Valores Mundiales v. Venezuela case sees breach of free transfers and FET clause, and weighs in on familiar damages issues, including country-risk premium and size-premium
  Nov 05, 2017
• Arbitrators order Russia to suspend its attempts to extradite claimant in ongoing BIT case; now-public ruling is latest to shed light on criteria for ordering interim measures against criminal/extradition proceedings
  Nov 05, 2017
• In Pugachev v. Russia arbitration, tribunal rules on requests for security for costs, disclosure of third-party funding, and an unusual security-for-claim request
  Nov 05, 2017
• Ten are designated to the ICSID Panel of Arbitrators by the ICSID's leadership
  Sep 17, 2017
• UPDATED: Venezuela held liable by Zuleta-led tribunal for half a billion dollars in relation to breach of Spanish investment treaty
  Jul 27, 2017
• Eduardo Zuleta tapped to chair NAFTA claim against Mexico
  Jun 29, 2017
• Russia BIT claims: recent developments in arbitrations against the Russian Federation
  Apr 13, 2017
• In jurisdiction ruling, arbitrators rule that Russia is obliged under BIT to protect Ukrainian investors in Crimea following annexation
  Mar 09, 2017
• In new decision, ConocoPhillips tribunal rules on Venezuela's plea - bolstered by WikiLeaks cables - that it had offered market-value compensation for taking
  Jan 18, 2017
• Tribunals are finalized to hear claims against Greece and Venezuela
  Dec 23, 2016
• ANALYSIS: unpacking the recent annulment decision in SAUR v. Argentina
  Dec 21, 2016
• Ad-hoc committee rejects Argentina's attempt to annul award in favour of water concession investor
  Dec 19, 2016
• Arbitrators selected to hear UNCITRAL CAFTA case and ICSID Energy Charter Treaty dispute
  Oct 26, 2016
• In-depth: unpacking the reasons why an ICSID annulment committee has just declined to overturn award in Greek bonds case
  Oct 02, 2016
• Another challenge to Yves Fortier in ConocoPhillips case is rejected - this time on eve of hearings - but co-arbitrators decline to order costs against Venezuela
  Jul 26, 2016
• As first of two sets of hearings loom in Conoco-Venezuela BIT case, parties prepare to air multiple arguments that could affect subsequent damages calculations
  Jul 04, 2016
• ICSID picks replacement for Kenneth Keith in Conoco v. Venezuela arbitration
  Apr 25, 2016
• In-depth: the full reasons for ad-hoc committee's dismissal of Argentine annulment bid in Total case - and for rejecting challenge to Teresa Cheng
  Feb 09, 2016
• Argentina fails in its bid to annul arbitral award in favour of Total S.A.
  Feb 01, 2016
• UNCITRAL BIT tribunal denies a governmental bid for security for costs, rejecting Gavan Griffith’s view of third-party funded investors
  Jan 25, 2016
• Investor offers views on legal significance of human rights arguments - and insists it has suffered unlawful expropriation - in latest pleading in Bolivian silver mine dispute
  Jan 20, 2016
• Battle over security for costs in third-party funded UNCITRAL BIT arbitration heats up
  Jan 20, 2016
• Russia disputes round-up: updates on status of 11 known investment treaty claims
  Jan 19, 2016
• ICSID renewables claims against Spain reach 23, along with some signs of repeat arbitrator appointments - but no common chairs as yet
  Nov 17, 2015
• $2.5 million security for costs order is requested by government, as well as disclosure of third-party funding arrangements in ongoing UNCITRAL mine dispute 
  Nov 05, 2015
• Breaking: committee members in Total v. Argentina case reject challenge to their colleague
  Aug 28, 2015
• Background: Argentina challenges ICSID annulment committee member in two cases, after belated non-disclosure of Freshfields connections
  Aug 28, 2015
• South American Silver lays out $385 million case against Bolivia; government counters that UK treaty should not protect "Canadian investment"
  Jun 14, 2015
• Bolivia alleges investor misconduct in silver mining claim, but tribunal deems it prudent to redact certain details so as to not exacerbate dispute
  Jun 14, 2015
• One of three ICSID Argentine bond arbitrations collapses due to lack of funding
  Jun 02, 2015
• UPDATED: Sovereign debt arbitration against Greece is dismissed by ICSID tribunal
  Apr 10, 2015
• Arbitrators toss out ICSID claim against Peru due to abusive restructuring of investment
  Jan 18, 2015
• Ad hoc committee splits, but majority decides to uphold earlier tribunal's award in Iberdrola v. Guatemala case
  Jan 15, 2015
• In-Depth: The Daimler v. Argentina annulment decision
  Jan 11, 2015
• Argentina round-up: ICSID ad-hoc committee declines to annul 2012 award in Daimler case; three panelists chosen to hear challenge to SAUR award
  Jan 08, 2015
• Intra-EU treaty claims controversy: new decisions and developments in claims brought by EU investors vs. Spain and Hungary
  Dec 24, 2014
• Arbitrators finalized for Dagher v. Sudan, African Petroleum v. Gambia, more Spain solar cases, and Rose Levy v. Peru annulment committee
  Aug 17, 2014
• Annulment is not an appeal: ICSID ad hoc committee dismisses Paraguay's application to annul SGS v. Paraguay award
  Jun 13, 2014
• Arbitrators in South American Silver v. Bolivia (UNCITRAL) proceeding are revealed, and include former Argentine official
  Feb 05, 2014
• $20+ million Impregilo award against Argentina withstands annulment attempt; committee won't second-guess majority's decision to take jurisdiction via MFN clause
  Jan 26, 2014
• Parties to Greek sovereign debt case agree to fast-track jurisdictional objections, so that merits phase can play out as scheduled in 2015-16
  Jan 21, 2014
• In new procedural decision, arbitrators in Greek sovereign debt case clarify possible merits process
  Jan 19, 2014
• Guatemala breached CAFTA due to arbitrary, non-transparent setting of electricity tariffs; bitter pill for Gov't in light of recent events
  Dec 26, 2013
• Tribunal is named to hear ICSID arbitration claim by foreign bondholders against Greece
  Oct 22, 2013
• Arbitrators fall out over Mexican demands for transparency in Telefónica case; dissenter seeks proof that publicity would exacerbate dispute
  Aug 22, 2013
• Ukraine pays ICSID award mere weeks after annulment committee finds no annullable errors in tribunal's analysis of causation and damages
  Aug 08, 2013
• ICSID annulment committees decline to annul arbitral awards in Malicorp v. Egypt and Lemire v. Ukraine
  Jul 10, 2013
• In a first for ICSID: claimant is cleared to seek enforcement of arbitral award while annulment proceedings remain ongoing
  Jun 04, 2013
• ICSID annulment notes: Sri Lanka seeks to overturn award in favour of Deutsche Bank; panelists named to hear Daimler’s challenge to Argentine verdict
  Mar 12, 2013
• Arbitrators selected for Telefonica v. Mexico investment treaty arbitration
  Feb 14, 2013
• ICSID Tribunal Selections: Arbitrators picked for Hungary, Egypt and Equatorial Guinea disputes and Paraguay annulment proceeding
  Sep 06, 2012
• Arbitrators frown on Spanish investor’s (Iberdrola) characterization of dispute over Guatemala electricity tariffs as an investment treaty matter
  Aug 20, 2012
• ICSID Round-Up: Argentina bondholders tribunal reconstituted, Hungary tribunal picked, and two new annulment panels chosen
  Jan 31, 2012
• ICSID Docket Round-Up: Four tribunals are announced in Peru, Venezuela, Albania and Romania cases; ICSID picks chairs in two cases following deadlock
  Dec 01, 2011
• ICSID Round-up: Arbitrators named in cases against Poland, Kazakhstan and Egypt; annulment committee picked in Ukraine case
  Oct 26, 2011
• US electricity company requests arbitration for alleged breaches of CAFTA by Guatemala
  Nov 25, 2010
• Tribunals selected in one Peru case (Convial Callao S.A), as another (by Renée Rose Levy)materializes; arbitrators chosen in Tidewater v.Venezuela case
  Sep 15, 2010
• Arbitrators selected in UNCITRAL arbitration between Bolivian investors and Republic of Ecuador
  Nov 13, 2009