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Analysis: At post-hearing stage, UNCITRAL tribunal hearing long-running arbitration dispute with Peru admits new evidence related to questions previously posed and allows introduction of new arguments
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Looking Back: ICSID tribunal majority in Murphy v. Ecuador (I) declined jurisdiction due to claimant’s “grave non-compliance” with BIT’s mandatory cooling-off period, rejecting argument that negotiations would have been futile
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[Updated with Award] Analysis: In Final Award, Eco Oro v. Colombia tribunal majority declines to award any damages, even though respondent may be benefitting from its own treaty breach
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Nearly three years after Colombia was found liable for treaty breach, Eco Oro fails to secure any damages, as tribunal majority sees no evidence of losses flowing from the breach
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[Updated] Canadian and UK miners reportedly file for annulment of ICSID award that rejected 4.4 billion USD claim against Romania and awarded the state 10 million USD in costs; meanwhile, investors seek financing while Romania attempts to secure collection of awarded costs
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Hydropower arbitration against Panama is discontinued
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Tribunals in Renco Group v. Peru arbitrations seek clarifications regarding potential impact on the proceedings of human rights court judgment concerning state’s environmental obligations
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Colombia’s state-owned oil company fails to partially set-aside awards over M&A transaction in US courts
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Analysis: Tribunal majority in Gabriel Resources v. Romania finds no treaty breach in state’s failure to issue environmental permit for historic gold mine; dissenter opines that politically-motivated process breached FET standard
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[Updated with Award] Tribunal majority dismisses billion-dollar claim against Romania in controversial gold mining dispute
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[Updated with Award] Analysis: ICSID tribunal sees insufficient evidence of control by Italian nationals over Panamanian claimant, dismissing BIT claim against Panama
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Analysis: In Omega v. Panama, ICSID tribunal found insufficient evidence of corruption pursuant to host state law to preclude jurisdiction and admissibility; investors’ claims were ultimately dismissed on the merits
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ICSID tribunal dismisses claim by bioethanol company against Panama, finding insufficient evidence of foreign control
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ICSID arbitration over Peruvian refinery is discontinued following withdrawal of claimant’s counsel; Peru is awarded costs, but tribunal finds it lacks power to discontinue case with prejudice
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[Updated] Grenada announces settlement of ICSID dispute with hospitality investors
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ICSID tribunal hearing high-stakes gold mining dispute with Romania rejects late-stage amicus application by NGOs
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Analysis: Tribunal majority in Trasta v. NOC (2) sides with the respondent, holding that Libya’s National Oil Corporation could validly force its partner to sell its shares in a local refinery; Charles Poncet dissents, opining that the majority breached the claimant’s due process rights
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Paris Court of Appeal declines to set aside ICC award in refinery dispute with Libya’s national oil company
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Three are named to hear hydro energy claim against Panama
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[Updated with Award] ICSID tribunal dismisses treaty claim against Panama
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Oil and gas storage arbitration against Morocco is discontinued
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Bosnia files for annulment of still confidential award
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Three are in place to hear highway dispute with Peru
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Looking Back: Tribunal in City Oriente v. Ecuador ordered respondent to refrain from terminating production sharing contract and proceeding with criminal investigations; subsequent request for revocation of provisional measures was rejected
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