Procuraduría General de la República, Caracas, Venezuela

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ICSID Tribunal Terminates Arbitration Proceedings against Venezuela for Non-Payment of Advance Costs under ICSID Administrative and Financial Regulations 

8 December 2021, by Diego Luis Alonso Massa

Pursuant to ICSID Administrative and Financial Regulation 14(3)(d), the Tribunal terminated the proceedings on 3 December 2021 after the lapse of the...

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ICSID Tribunal Finds it Lacks Jurisdiction to Proceed with Arbitration under ICSID’s Additional Facility Rules And it Cannot Expand a Consent to Arbitration By Resorting to An MFN Clause in a Third Country BIT

17 November 2021, by Diego Luis Alonso Massa, Dean Ehrlich

The Arbitral Tribunal concluded that it lacked jurisdiction over claims by three Kimberly-Clark subsidiaries because Venezuela had not consented to...

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