Argentina has challenged a US$36 million ICSID award in favour of an Austrian casino group that had its gaming licence revoked because of money laundering concerns, arguing the tribunal improperly acted as an appellate body.
11 March 2022
A divided ICSID tribunal has ordered Argentina to pay US$22 million to an Austrian casino group over the revocation of a gaming licence, with a dissenting arbitrator saying the measure was a legitimate response to the investor’s failure to observe rules aimed at preventing money laundering.
08 November 2021
Webuild, the Italian construction group formerly known as Salini Impregilo, has applied to a US court to enforce a US$21.3 million ICSID award that it won against Argentina a decade ago over a terminated water concession.
29 September 2021
A Delaware entity that acquired the rights to a US$320 million ICSID award against Argentina has applied to enforce it in the US in the wake of a dispute with the administrators of the original claimants.
25 August 2021
Baker McKenzie has promoted Judith Mulholland in London, Santiago Maqueda in Buenos Aires and Pumma Doungrutana in Bangkok to the partnership, while naming partner Erik Forsin as head of the Sweden dispute resolution group.
12 July 2021
A third renewables investor is bringing an UNCITRAL claim against Argentina’s electricity market manager at the Permanent Court of Arbitration.
17 November 2020
A US-owned renewables producer has launched a claim at the Permanent Court of Arbitration against Argentina’s electricity market manager after a contract it had to build a solar park was rescinded.
23 July 2020
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