Organisation: Telefónica

Spain's Telefónica says it has won US$380 million in damages in an ICSID claim against Colombia over the reversion of assets relating to a telecoms concession.

13 November 2024

Nine panels have formed at ICSID in recent weeks, including first-time appointments at the centre for Australian arbitrator Lucy Martinez and the former Chief Justice of Canada Beverley McLachlin.

16 August 2024

A subsidiary of Spain’s Telefónica says it has agreed to settle an ICC claim worth billions of dollars that it brought against Brazil’s telecoms regulator over a concession for landline services – as other operators pursue similar claims. 

29 May 2024

Leading telecoms groups Telefónica, América Móvil and TIM have settled their arbitration with troubled Brazilian operator Oi over the price they paid to acquire its mobile assets.

11 October 2023

A Delaware-registered hedge fund has asked a US court to enforce a US$100 million ICSID award against Peru, after a divided tribunal found the state liable in a dispute over land bonds.

16 March 2023

Leading telecoms groups Telefónica, América Móvil and TIM have launched arbitration against troubled Brazilian operator Oi to slash the US$3.1 billion price they agreed to pay for its mobile assets.

05 October 2022

The latest round of panels formed at ICSID includes double appointments for Canadian arbitrators Stephen Drymer and Henri Alvarez and academics Stephan Schill of Germany and John Crook of the US.

27 September 2022

The arbitration community continues to mourn Miguel Ángel Fernández-Ballesteros, founding member of the Spanish Arbitration Club and former president of the Madrid Court of Arbitration, one of two prominent Spanish practitioners who died suddenly earlier this year.

21 April 2022

A Spanish-Italian consortium has brought a second ICSID claim against Peru over a project to build Lima’s second metro line – weeks after the state was found liable in the first case.

23 August 2021

Six hydroelectric power companies have seen their ICSID case against Peru dismissed on jurisdiction after a tribunal ruled that they could not combine their claims to meet contractual requirements that disputes must be worth over US$20 million to be heard at the centre.

18 August 2021