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Analysis: Third tribunal to rule on Colombia’s high-altitude mining ban finds that although state’s conduct was not fully consistent, it did not reach the level of a treaty breach

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Analysis: ICSID tribunal in Al Ramahi v. Hungary finds no denial of justice in regular application of bankruptcy law by Hungarian courts; 8 billion EUR fine was “shockingly disproportionate”, but later corrected by domestic legal system

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Revealed: Tribunal majority in BRIF v. Serbia declines jurisdiction after finding that claimants abused foreign control provisions of BLEU-Serbia BIT and ICSID Convention; dissenter sees no abuse where claimants enjoyed BIT protection at time of alleged breach

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Analysis: In Worley Parsons v. Ecuador, arbitrators decline jurisdiction due to illegality and bad faith during making of investment; tribunal splits on whether illegality during investment’s operation pertains to admissibility or merits

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Analysis: ICSID tribunal concludes that Tunisia breached FET standard under customary international law, but awards only nominal damages for lost shares in local bank

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Analysis: In recently-surfaced rectification decision, Lone Star v. South Korea tribunal finds that the claimants’ response to the state’s request amounts to a new – and untimely – rectification application; damages are reduced by 500,000 USD

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Analysis: Unchallenged arbitrators are unconvinced that decades-old criminal conviction that was overturned by Italy’s Supreme Court warrants Charles Poncet’s disqualification from renewable energy case

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