ICSID Tribunal Declares AFC Investment Solutions' Claim against Colombia “Manifestly without Legal Merit” Because It Was Filed Late

By Diego Luis Alonso Massa, 3 March 2022

In AFC Investment Solutions S.L. v. Republic of Colombia (ICSID Case No. ARB/20/16) an ICSID Tribunal found that AFC's claim – submitted after the three-year deadline found in Article 10(5) of the Agreement between the Kingdom of Spain and the Republic of Colombia for the Promotion and Reciprocal Protection of Investments (APPRI) – manifestly lacked legal merit...
URL: https://taobserver.com/news/115/icsid-tribunal-declares-afc-investment-solutions-claim-against-colombia-manifestly-without-legal-merit-because-it-was-filed-late