Region: Latin America & Caribbean
Marine salvage company threatens Dominican Republic
UPDATED: A US marine salvage company has threatened to file an ICSID claim against the Dominican Republic over the discovery of a 16th century shipwreck containing a valuable trove of pewter tableware.
21 March 2025
Ecuador hit by oil and gas claim
Oil and gas companies from the US and Panama have filed a contractual ICSID claim against Ecuador.
21 March 2025
Schlumberger applies to stay Guatemalan oil claim
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
Lima highway dispute triggers multibillion ICSID claim
A Canadian investment fund manager has filed a ICSID claim worth more than US$2.7 billion against Peru, a new phase of a long-running dispute over a highway concession in Lima.
14 March 2025
Brazilian retailer brings claim over billion-dollar fraud
One of Brazil’s largest retail chains says it is pursuing claims against four former executives after entering insolvency following its disclosure of a billion-dollar accounting fraud.
14 March 2025
Airport operator ends ICSID claim against Honduras
The operator of Honduras’ largest airport has dropped a contractual ICSID claim against the state that it lodged after a government minister announced its concession would be reviewed.
13 March 2025
Dual national fails to revive pharma claim against Venezuela
A Swiss court has upheld an UNCITRAL tribunal’s decision to dismiss a US$200 million investment treaty claim against Venezuela because the claimant’s dominant and effective nationality was Venezuelan rather than Spanish.
12 March 2025
CAM Santiago to refer cases to Madrid centre
The Arbitration and Mediation Centre of the Santiago Chamber of Commerce, or CAM Santiago, has agreed to send its international cases to the Madrid International Arbitration Centre-Iberoamerican Arbitration Centre (CIAM-CIAR).
12 March 2025
ICC to hear Guyanese power plant case
Guyana and a US-Puerto Rican contractor have agreed to send their dispute over the delayed construction of a US$759 million power plant to ICC arbitration.
07 March 2025
Mining company launches multibillion claim against Venezuela
Toronto-listed mining company Gold Reserve has filed a new investment treaty claim worth more than US$7 billion against Venezuela – while continuing efforts to collect on a billion-dollar award it won against the state in an earlier arbitration.
06 March 2025