Laudos

Venezuela debe pagar US$1,202 mil millones más intereses a la empresa minera canadiense Crystallex por violación de FET y expropiación

Crystallex International Corporation vs. la República Bolivariana de Venezuela, Caso del CIADI No. ARB(AF)/11/2

Tribunal del TLCAN rechaza demandas contra Canadá sobre programa de tarifas de fomento a las energías renovables (feed-in tariff)

Mesa Power Group, LLC vs. Gobierno de Canadá, CNUDMI, Caso de la CPA No. 2012-17

TBI entre Turquía y Turkmenistán: Tribunal declara las demandas admisibles pero las desestima por falta de méritos

İçkale İnşaat Limited Şirketi vs. Turkmenistán, Caso del CIADI No. ARB/10/24

Tribunal del CIADI otorga daños por expropiación indirecta de Venezuela en una inversión en industria del acero

Tenaris S.A. y Talta-Trading e Marketing Sociedade Unipessoal LDA vs. la República Bolivariana de Venezuela, Caso del CIADI No. ARB/11/26

Primer caso del CIADI contra Guinea rechazado por falta de jurisdicción

Société civile immobilière de Gaëta vs. la República de Guinea, Caso del CIADI No. ARB/12/36

Eslovenia condenada a pagar €20 millones por daños y US$10 millones por gastos a empresa nacional de energía eléctrica de Croacia

Hrvatska Elektroprivreda d.d. vs. la República de Eslovenia, Caso del CIADI No. ARB/05/24

El único arbitraje de tratado de inversión conocido contra Guinea Ecuatorial no es admitido por razones jurisdiccionales

Grupo Francisco Hernando Contreras, S.L. vs. la República de Guinea Ecuatorial, Caso del CIADI No. ARB(AF)/12/2

Tribunal del CIADI ordena a Zimbabue la restitución de granjas expropiadas

Bernhard von Pezold y otros vs. Zimbabue, Caso del CIADI No ARB/10/15

Se le otorga US$50 millones a Quiborax contra Bolivia, un tercio de la demanda inicial

(English) Quiborax S.A. and Non-Metallic Minerals S.A. v. Plurinational State of Bolivia (ICSID Case No. ARB/06/2)

Tribunal del CIADI desestima demanda final de compensación por la cancelación de Hungría en 2008 de un contrato de compra de energía

Electrabel S.A. v. la República de Hungría, Caso del CIADI No. ARB/07/1

Tribunal desestima todas las demandas de inversor minero de Estados Unidos contra Omán

Adel A. Hamadi Al Tamimi v. Sultanato de Omán, Caso del CIADI No. ARB/11/33

Tribunal del CIADI declara su falta de competencia en un caso contra Macedonia y ordena al inversor a reembolsar el 80% de las costas y gastos judiciales

Guardian Fiduciary Trust Ltd, f/k/a Capital Conservator Savings & Loan Ltd v. la Ex República Yugoslava de Macedonia, Caso del CIADI No. ARB/12/31

Awards and Decisions

Perenco Ecuador Limited c. la République d’Équateur, Affaire CIRDI n° ARB/08/6

Ping An Life Insurance Company of China, Limited et Ping An Insurance (Group) Company of China, Limited c. le Royaume de Belgique, Affaire CIRDI n° ARB/12/29

Suez, Sociedad General de Aguas de Barcelona S.A., et InterAguas Servicios Integrales del Agua S.A. c. la République d’Argentine, Affaire CIRDI n° ARB/03/17 ; et AWG Group Ltd. c. la République d’Argentine, CNUDCI

La société d’État Energorynok (Ukraine) c. la République de Moldavie, Arbitrage V CCS (2012/175)

Tribunal del CIADI emite decisión provisional sobre reconvención ambiental solicitada por Ecuador en controversia de larga data

Perenco Ecuador Limited v. República de Ecuador, Caso del CIADI No. ARB/08/6

Primer caso entablado ante el CIADI por inversionistas de la China continental desestimado por razones jurisdiccionales

Ping An Life Insurance Company of China, Limited and Ping An Insurance (Group) Company of China, Limited v. Kingdom of Belgium, Caso del CIADI No. ARB/12/29

Tribunal adopta ampliamente cálculo de daños por perito independiente en laudo de USD 405 millones otorgado a anteriores propietarios de empresa de servicios públicos argentina

Suez, Sociedad General de Aguas de Barcelona S.A., y InterAguas Servicios Integrales del Agua S.A. v. República Argentina, Caso del CIADI No. ARB/03/17; y AWG Group Ltd. v. República Argentina, CNUDMI

Energorynok no posee ni controla actividad económica relacionada con la energía; se desestima caso del TCE contra Moldavia

State Enterprise “Energorynok” (Ukraine) v. The Republic of Moldova, Arbitraje V de la SCC (2012/175)

Laudos y Decisiones

PNG Sustainable Development Program Ltd. v. Estado Independiente de Papúa Nueva Guinea, Caso CIADI No. ARB/13/33

Poštová Banka, a.s. e Istrokapital SE v. República Helénica, Caso CIADI No. ARB/13/8

Venoklim Holding B.V. v. República Bolivariana de Venezuela, Caso CIADI No. ARB/12/22

Mamidoil Jetoil Greek Petroleum Products Societe S.A. v. República de Albania, Caso CIADI No. ARB/11/24

Khan Resources Inc., Khan Resources B.V. y CAUC Holding Company Ltd. v. Gobierno de Mongolia y MonAtom LLC, Caso PCA No. 2011-09

Tribunal del CIADI desestima unánimemente reclamación de expropiación por falta de consentimiento por escrito de Papúa Nueva Guinea a arbitraje

PNG Sustainable Development Program Ltd. v. Estado Independiente de Papúa Nueva Guinea, Caso CIADI No. ARB/13/33

Bonos del gobierno no cubiertos pese a amplia definición de “inversión” en TBI entre Eslovaquia y Grecia; tribunal desestima reclamación contra Grecia

Poštová Banka, a.s. e Istrokapital SE v. República Helénica, Caso CIADI No. ARB/13/8

Analizando la Ley de Inversiones de Venezuela, mayoría concluye que Venoklim no era una inversionista extranjera y desestima el caso iniciado contra Venezuela; árbitro nominado por la demandante disiente

(English) Venoklim Holding B.V. v. Bolivarian Republic of Venezuela, ICSID Case No. ARB/12/22

Mayoría de tribunal del CIADI no encuentra violación de trato justo y equitativo por parte de Albania en controversia petrolera

Mamidoil Jetoil Greek Petroleum Products Societe S.A. v. República de Albania, Caso CIADI No. ARB/11/24

Tribunal declara culpable a Mongolia por expropiación ilegal y otorga más de US$80 millones en daños

Khan Resources Inc., Khan Resources B.V. y CAUC Holding Company Ltd. v. Gobierno de Mongolia y MonAtom LLC, Caso PCA No. 2011-09

Tribunal de la CNUDMI concluye que evaluación ambiental conducida por Canadá violó el nivel de trato mínimo conforme al derecho internacional y el estándar de trato nacional

William Ralph Clayton, William Richard Clayton, Douglas Clayton, Daniel Clayton and Bilcon of Delaware Inc. v. Government of Canada, CNUDMI 

Tribunal del CIADI determina que confiscación de 2009 por Venezuela es una expropiación lícita y otorga US$46,4 millones en compensación

Tidewater Investment SRL & Tidewater Caribe, C.A. v. The Bolivarian Republic of Venezuela, Caso del CIADI No ARB/10/5

Se ordena a Venezuela el pago por expropiación ilegal de las inversiones de Owens-Illinois

OI European Group B.V. v. Bolivarian Republic of Venezuela, Caso del CIADI No. ARB/11/25

Tribunal declara que Rumania infringió el Trato Justo y Equitativo

Hassan Awdi, Enterprise Business Consultants, Inc. and Alpha El Corporation v. Romania, Caso del CIADI No. ARB/10/13

Tribunal declara abuso de proceso en reestructuración societaria de demandantes; Perú recupera gastos

Renée Rose Levy and Gremcitel S.A. v. Republic of Peru, Caso del CIADI No. ARB/11/17

Tribunal de la CNUDMI declara denegación de justicia por parte de tribunales indonesios, pero deniega daños al demandante debido a manos sucias

Hesham T. M. Al Warraq v. Republic of Indonesia, CNUDMI

Después de notificación de retiro presentada por demandante, la República Checa obtiene laudo por costos

Forminster Enterprises Limited (Cyprus) v. the Czech Republic, CNUDMI

Demanda presentada por inversionista alemán contra las Filipinas por la concesión del Aeropuerto de Manila fracasa por segunda vez ante el CIADI

Fraport AG Frankfurt Airport Services Worldwide v. Republic of the Philippines, Caso del CIADI No. ARB/11/12

Tribunal orders compensation in Dutch farmers’ claims against Zimbabwe

By Damon Vis-Dunbar 28 April 2009 An ICSID tribunal has ordered the government of Zimbabwe to compensate a group of Dutch nationals who saw their farms expropriated under Zimbabwe’s controversial land-reform program. The victory is expected to lead other European nationals who lost farms in Zimbabwe to seek compensation under bilateral investment treaties. The thirteen […]

ICSID tribunal dismisses RSM Production Corporation’s claim against Grenada

By Damon Vis-Dunbar 26 March 2009 An American businessman has failed in his claim against Grenada under a 1996 oil and gas agreement, in a contract dispute conducted before an ICSID tribunal. Initiated in 2005, the ICSID claim was one of a host of legal avenues pursued by Jack J. Grynberg, the president and CEO […]

Tribunal rebuffs defense of necessity in recently published award: National Grid p.l.c. v. Argentine Republic

By Elizabeth Whitsitt 2 March 2009 In a recently published award, a tribunal convened pursuant to a request for arbitration under the arbitration rules of the United Nations Commission on International Trade Law (UNCITRAL) found the Argentine Republic liable to the British firm National Grid p.l.c. for damages totaling more than US$53 million. The dispute, […]

Tribunal rejects Ecuador’s jurisdictional objections in dispute with Chevron

By Fernando Cabrera Diaz 5 January 2009 A tribunal has determined that it holds jurisdiction to hear a claim brought by Chevron Corporation against Ecuador for alleged violations of the Ecuador-United States bilateral investment treaty (BIT). Chevron claims that Ecuador violated the BIT by failing to deal fairly with multiple breach-of-contract cases filed against the […]

German firm fails to pass jurisdictional hurdle in claim against Argentina; decision provokes questions about the scope and applicability of MFN Protection

By Elizabeth Whitsitt 5 January 2009 An ICSID tribunal has declined jurisdiction in a claim brought by a German firm against the government of Argentina, in a decision that marks the unpredictability over whether a claimant can invoke a Most-Favoured-Nation (MFN) clause to access an expedited arbitration process. The claimant, Wintershall Aktiengesellschaft, alleged that the […]

Peru wins dispute with American energy firm over the scope of a stabilization agreement

By Fernando Cabrera Diaz 23 December 2008 The Republic of Peru has defended itself successfully against a claim initiated by Delaware-based Aguaytia Energy LLC (AEL). AEL had sought US$142 million as compensation for what it claimed was Peru’s violation of a stabilization agreement. However, the Tribunal disagreed and instead held that the stability agreement did […]

Award: Aguaytia Energy, LLC v. Republic of Peru

Disculpa, pero esta entrada está disponible sólo en Inglés Estadounidense.

Algeria prevails in dispute with Italian construction firms

By Suzy H. Nikiéma 28 November 2008 In a 12 November 2008 final award, an ICSID tribunal has dismissed all claims by two Italian investors, L.E.S.I S.p.A. and ASTALI S.p.A, in a dispute with the government of Algeria over a failed contract to construct a hydraulic dam. While the contract with the National Agency for […]

Belgium dredging companies fail in arbitration against Egypt

By Damon Vis-Dunbar 17 November 2008 The Egyptian government has deflected a US$ 80 million dollar claim by two companies hired to dredge the Suez Canal. Jan de Nul N.V. and Dredging International, both incorporated in Belgium, won a bid to dredge sections of the Suez Canal 1992, a job they completed some three years […]

Award is publicly released in failed Energy Charter Treaty claim against the Ukraine

By Damon Vis-Dunbar13 October 2008 Details of an arbitration involving a Latvian investor and the government of the Ukraine have emerged following the public release of the tribunal’s final award, some seven months after the decision was rendered. The Ukraine has been absolved of charges that it had breached the Energy Charter Treaty (ECT), a […]

Award: AMTO v. Ukraine

Award: Limited Liability Company AMTO (Claimant) and Ukraine, Arbitration Institute of the Stockholm Chamber of Commerce, Arbitration no. 080/2005

Plama Consortium Limited v. Republic of Bulgaria: Honesty is the best policy

By Elizabeth Whitsitt 30 September 2008 In a 27 August 2008 decision, a tribunal has concluded that Plama Consortium Limited (PCL), a Cyprus firm, was not entitled to protections afforded under the Energy Charter Treaty (ECT), given that it had fraudulently misrepresented itself when it invested in a privatized refinery, Nova Plama AD. In addition, […]

Occidental Petroleum Corporation and Occidental Exploration and Production Company v. the Republic of Ecuador: US oil company passes jurisdictional hurdle in arbitration with Ecuador

By Damon Vis-Dunbar 22 September 2008 A tribunal has accepted jurisdiction in a dispute that pits two petroleum companies against the Government of Ecuador, allowing the case to proceed to the merits stage. The two claimants, Occidental Petroleum Company (OPC) and Occidental Exploration and Production Company (OEPC), are seeking more than US$ 3 billion after […]

Continental Casualty Company v. the Argentine Republic: Argentina emerges largely victorious in dispute related to country’s financial crisis

By Damon Vis-Dunbar September 10, 2008 In an award rendered on September 5, 2008, an arbitral tribunal has dismissed all but one of the claims brought by an American investor, Continental Casualty, against the government of Argentina. Argentina was found liable for damages of US$ 2.8 million plus interest: a fraction of the US$ 112 […]

Award: Continental Casualty Company v. Argentine Republic

Award issued on September 5, 2008: Continental Casualty Company v. Argentine Republic   (ICSID Case No. ARB/03/9)

Unofficial English Translation Metalpar S.A. and Buen Aire S.A. v. Argentine Republic (ICSID Case No. ARB/03/5)

Unofficial English Translation: Metalpar S.A. and Buen Aire S.A. v. Argentine Republic (ICSID Case No. ARB/03/5)

Duke Energy International Peru Investments No. 1 Ltd. v. Republic of Peru: Foreign investors in Peru are guaranteed tax stability

By Elizabeth Whitsitt 29 August 2008 In one of two ICSID awards handed down in August involving the US firm Duke Energy, a Tribunal has found the Republic of Peru liable to Duke Energy International Peru Investments No. 1 Ltd. (DEI Bermuda) for damages totaling US$ 18,440,746 plus interest after the SUNAT, Peru’s National Tax […]

Duke Energy Electroquil Partners and Electroquil SA v Ecuador: Ecuador found liable for breaches of power purchase agreements and investment treaty

By Damon Vis-Dunbar 29 August 2008 The electricity provider Electroquil SA has been awarded US$ 5,578,566 plus interest stemming from several breaches of power purchase agreements (PPAs) backed by the government of Ecuador. While Ecuador was also found to have breached the Ecuador-US bilateral investment treaty, those violations did not result in additional monetary damages. […]