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[Updated] ICSID tribunal dismisses bulk of mass claim stemming from Cyprus’ banking crisis
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Analysis: Dominican Republic’s bid to rectify tribunal’s computation of compensation is dismissed, as tribunal considers that request relates to matters of substance
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Alexis Mourre is tapped to chair NAFTA legacy taximeter arbitration against Mexico
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ICSID tribunal grants claimants’ request for supplementary decision, clarifying dies a quo for interest owed
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Analysis: UNCITRAL tribunal finds that narrow environmental emergency does not fall under “national security interests” exception; takeover of landfill operation is found to breach MST and expropriation provision
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[Updated with copies of the Award and Dissenting Opinion] Tribunal majority awards damages to Jamaican investor in waste management dispute with the Dominican Republic
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[Updated with Dissenting Opinion] Revealed: On jurisdiction, WCV v. Czech Republic tribunal split on meaning of “permanent seat”, admissibility of claims stemming from round-trip investments, and intra-EU objection
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Czech Republic releases interim awards issued in gambling arbitration
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Analysis: UNCITRAL tribunal in WCV v. Czech Republic finds that the state properly used its police powers to regulate the gambling sector
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Analysis: ICSID tribunal majority in Rand v. Serbia admits claim of beneficial owner, sees no implicit legality requirement in the BIT, and awards 14.5 million EUR plus interest; dissenter would have dismissed the claims
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Analysis: UNCITRAL tribunal in Santamarta v. Venezuela resorts to dominant and effective nationality principle to fill gap in BIT’s definition of investor, ultimately rejecting claim by dual national for lack of jurisdiction
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UNCITRAL tribunal declines jurisdiction over dual national’s claim against Venezuela, finding that his dominant and effective nationality is Venezuelan
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[Updated with a copy of the Award] Serbia is held liable in ICSID arbitration over agriculture venture
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Three are in place to hear glassmakers’ second claim against Venezuela, under ICSID’s Additional Facility Rules
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Analysis: ICSID AF tribunal hearing Mexican satellite dispute rejects jurisdictional objection based on argument that through a “mirror act”, investor sought a repetition of contested measures to gain access to treaty arbitration; claims are dismissed on the merits
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PCA tribunal awards over 105 million USD in compensation for breach of Barbados-Venezuela BIT
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Three are in place to hear parking meter dispute under Guyana’s investment law
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Analysis: US non-disputing party submission under TPA with Colombia emphasizes need for judicial finality and valid waiver of domestic remedies; parties discuss requirements for subsequent agreements
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Andrea Carlevaris is tapped to chair Eiser v. Spain resubmission tribunal
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[Updated with new document] Cement investor asks UNCITRAL tribunal for an order directing Ecuador to ensure legal security with respect to its mandatory pension contributions
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ICSID tribunal declines to grant emergency temporary relief
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Spain files for annulment of still-confidential ECT award
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Mexico claims victory in satellite arbitration
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Greenwood-chaired tribunal weighs in with Energy Charter Treaty award, and awards 40+ mil Euros
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