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Counterclaim is granted in full, as state-owned firm failed to challenge details of expert’s quantum determination
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Alleged waiver does not count, as respondent merely sought to appease its joint-venture partners – in vain
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Hostility of local partner to foreign investor explains contractual non-performance
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Lis pendens admissibility objection is dismissed, as contract and treaty claims do not involve same parties, causes of action, and objects
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Tribunal maintains online hearings despite claimant’s challenge to all three arbitrators
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Background: Joint-venture formed to overhaul cement plant turns sour
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