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ICSID Proceeding Against Kuwait Discontinued

15 February 2022, by Diego Luis Alonso Massa

On 11 February 2022, an ICSID Arbitral Tribunal noted the discontinuance of the proceedings in Ayat Nizar Raja Sumrain and others v. State of Kuwait...

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Venezuela Abandons Appeal Against Rusoro’s USD 1 Billion + ICSID Award, Paving The Way For Enforcement Actions Around The World

Venezuela’s decision to abandon its appeal against – therefore rendering final – the US District Court for the District of...

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ICSID COMMITTEE Lifts Stay of Enforcement Issued in CONOCOPHILLIPS v. VENEZUELA

6 October 2021, by Diego Luis Alonso Massa

Recognising the sufficiency of the award creditors’ assurances, and the good reputation of the entity with which segregated bank accounts had...

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Colombia Fails to Satisfy ICSID Committee that Tribunal Committed ‘Annullable Error’ in Excluding Alleged Evidence Of Corruption 

30 September 2021, by Diego Luis Alonso Massa, Dean Ehrlich

On 22 September 2021, the ICSID ad hoc committee in Glencore and Prodeco v Colombia delivered its ‘Decision on Annulment.’  In...

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ICSID Ad Hoc Committee Dismisses Annulment Application in Glencore and Prodeco v Columbia

28 September 2021, by Diego Luis Alonso Massa, Dean Ehrlich

On 22 September 2021, the ICSID ad hoc committee in Glencore and Prodeco v Columbia delivered its ‘Decision on Annulment.’  The...

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