Region: Guatemala

A split ICSID tribunal has ordered Guatemala to pay US$68.5 million plus interest to a Panamanian entity for failing to protect a hydroelectric power plant project from attacks by protesters.

02 April 2025

An ICDR tribunal has awarded US$354 million to US private equity investors in a “deeply troubling” dispute with the majority shareholders of a Guatemala-based telecoms company, who were found to be responsible for a campaign of intimidation against the claimants and arbitrators. 

27 March 2025

US oil services group Schlumberger has sought to stay an UNCITRAL arbitration worth at least USS$230 million over alleged corruption in a Guatemalan oil project, arguing it is not a signatory to the underlying contracts.

20 March 2025

A Guatemalan telecoms group has made good on its threat to bring a US$130 million treaty claim against El Salvador over a plan to roll-out a 4G network, in the first known case brought under an investment agreement between five Central American states.

24 January 2025

A Guatemalan construction company has asked a US court to enforce a US$37.4 million award against Guatemala, one in a series of awards it has won against the state under road rehabilitation contracts.

29 October 2024

UPDATED: A Swiss mining investor has threatened Guatemala with a US$100 million ICSID claim over its investments in a nickel mine that was forced to suspend operations because of US sanctions. 

10 October 2024

A Colombian energy distributor’s US$400 million ICSID claim against Guatemala will proceed after a tribunal found that most of the state’s preliminary objections should either be rejected or joined to the merits.

04 January 2024

A pair of Guatemalan renewable energy investors are pursuing a DR-CAFTA claim against Honduras, as a group of US claimants drop their bid to revive a case against Nicaragua under the same free trade agreement.

22 September 2023

Denmark’s Maersk Group has requested an ICSID conciliation proceeding with Guatemala – five years after it threatened a claim over a troubled port terminal concession.

12 September 2023

In a decision that affects Miami and Atlanta as arbitral seats, a US federal appeals court has held that the grounds for setting aside New York Convention awards in US-seated arbitrations are found in domestic law rather than the convention – overruling its own precedents and aligning with four other US circuits.

14 April 2023