Region: Latin America & Caribbean

An Argentine-owned energy company has launched an ICSID claim against Ecuador over the state’s failure to release it from US$100 million worth of guarantees issued in connection with the handover of a major oil pipeline. 

23 April 2025

A Spanish contractor is facing a bid to enforce an ICC award issued in a US$158 million arbitration over a Chilean refinery upgrade – as it settles a dispute with an Algerian state entity over a power plant project.

22 April 2025

A construction company has been awarded more than US$300 million in an ICDR dispute with a Colombian government agency over a highway project that was halted because of its proximity to freshwater springs.

15 April 2025

An ICSID committee has upheld an award requiring Venezuela to pay US$3 billion to a Spanish investor for expropriating an agribusiness group.

14 April 2025

Colombia is facing a second ICSID claim by a pair of US investors in a troubled oil refinery upgrade project – as an investor in another dispute with the state fails in a novel request for rectification of a dissenting opinion.

09 April 2025

A French industrial gases company has brought an ICSID claim against Mexico following the expropriation of a hydrogen plant.

08 April 2025

The French Court of Cassation has quashed a set-aside decision that had allowed the children of Indian mining tycoon Pramod Agarwal to revive a US$4 billion investment treaty claim against Uruguay.  

03 April 2025

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

Canada’s First Quantum Minerals says it is withdrawing a US$20 billion ICC claim against Panama and suspending a potential treaty case against the state, as the parties try to settle their dispute over the closure of one the world’s largest copper mines. 

01 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