Analysis: ICSID tribunal in Foster Wheeler v. Colombia holds that non-final decision cannot trigger treaty breach, dismissing claims as premature under treaty’s mandatory bifurcation provision

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[Updated] Colombia seeks annulment of Telefonica award, and plans to renegotiate arbitration provisions contained in its investment agreements; state’s participation in ICSID Convention may also be rediscussed

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Analysis: In Neustar v. Colombia, ICSID tribunal finds that corporate claimant cannot unilaterally be substituted with another entity, rejects abuse of rights allegations, and finds no treaty breach in state’s refusal to extend telecoms concession

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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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Analysis: In South32 v. Colombia, full tribunal upholds jurisdiction and finds BIT breaches through contradictory state conduct, but arbitrators disagree on unprecedented decision to impose indemnity for future damages

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Tribunal hearing mining royalty dispute with Colombia unanimously upholds jurisdiction and finds BIT breaches; tribunal majority orders state to pay indemnity for future damages, while dissenter finds that indemnity unduly interferes with state’s sovereignty

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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 rejects Colombia’s request for security for costs, seeing no risk of non-compliance due to assignment of claims to new entity

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[Updated] Reficar seeks §1782 U.S. Code discovery to fight corporate restructuring that would allegedly annihilate billion-dollar ICC award in favor of the state entity

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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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Analysis: In the context of Rule 41(5) proceedings, an ICSID tribunal decides that notice of dispute did not interrupt limitation period, and concludes that banking claim against Colombia manifestly falls outside of its temporal jurisdiction

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ICSID tribunal declines request for amicus intervention from local lawyer who alleges that claimant’s pleadings are causing damage to his professional reputation

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Tribunal majority orders disclosure of documents related to criminal investigations, subject to a confidentiality arrangement; dissenter doubts the arbitrators’ ability to enforce this ruling

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Analysis: Ad hoc committee refuses to annul Glencore v. Colombia award, rejecting Colombia’s arguments based on illegality and corruption allegations; committee finds that procedural orders may be reviewed if they tainted the award

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ICSID ad hoc committee declines bid for annulment of Glencore v. Colombia award, dismissing Colombia’s allegation that the tribunal unduly dismissed corruption allegations

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Analysis: Arbitrators in Eco Oro v. Colombia environmental mining ban dispute disagree on police powers and scope of minimum standard of treatment in Canada-Colombia FTA; majority finds MST breach, and decides that general exceptions do not relieve Colombia from its duty to pay compensation

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Colombian high-altitude mining arbitration proceeds to the next stage, with a divided tribunal upholding FET claim, dismissing expropriation claim, and inviting further submissions on damages

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Analysis: Tribunal majority in America Movil v. Colombia relies on local court decision to find that claimant did not have a right capable of being expropriated; dissenter would have found a judicial expropriation

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[Updated with Award] Billion-dollar claim against Colombia is dismissed on the merits, but tribunal finds that it lacks jurisdiction over the state’s counterclaim

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Colombia round-up: A new notice of dispute, imminent public hearings, and an update on other arbitration-related developments regarding the state

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Colombia round-up: An update on 12 treaty-based disputes against the state

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