Topic: Settlements

Turkey has paid US$3.1 million to a US mining company to settle an ICSID dispute over revoked uranium project licences after defeating the bulk of its claim for damages.

15 December 2023

A Canadian gold mining company says it has received US$30 million from Tanzania to settle their ICSID dispute over the revocation of a project licence.

16 October 2023

A Belgian shipping company has settled an arbitration it filed against a Norwegian transporter after their US$4.2 billion merger fell through.

10 October 2023

A Canadian gold mining company has agreed to settle its ICSID dispute with Tanzania over the revocation of a project licence.

29 September 2023

A Polish contractor has agreed to pay nearly €30 million to a Lithuanian state-controlled energy group to settle a Stockholm Chamber of Commerce arbitration over unfinished work on a biomass incineration unit.

14 September 2023

Mining group Vedanta Resources has agreed a billion-dollar settlement with a Zambian state-owned entity to regain control of a copper-mining venture and bring an end to an UNCITRAL arbitration seated in South Africa.

06 September 2023

Grenada has reached an agreement with a group of US investors to settle a US$200 million ICSID case over a stalled project to develop a luxury hotel resort.

31 August 2023

Spanish infrastructure group Abertis has filed an ICSID claim against Argentina over highway concessions – more than six years after settling an earlier case at the centre.

30 August 2023

US pharmaceuticals group Bristol Myers Squibb has settled a US$1.5 billion ICC dispute with a Chinese distributor over a chemotherapy treatment that was suspended by Chinese regulators.

07 August 2023

A Turkish joint venture says that a Libyan state entity has agreed to pay US$35.4 million to settle an ICC dispute over a construction project disrupted by the country’s civil war.  

19 July 2023