International Arbitration

Por: Michael Ostrove | Kate Brown de Vejar | Ben Sanderson | Mariana Lozza

En nuestro artículo anterior (COVID-19: ¿una base legítima para reclamos de inversión?), analizamos si las medidas tomadas por los Estados en respuesta a la pandemia de COVID-19 podrían proporcionar una base legítima para reclamos bajo tratados bilaterales de inversión (TBI) u otros instrumentos de protección de inversiones; asimismo, analizamos brevemente las defensas disponibles para los Estados bajo los términos de dichos instrumentos. En este artículo, abordamos con más detalle algunas de las defensas clave, según el derecho internacional consuetudinario, que los Estados podrían invocar como defensas ante tales reclamos.
Continue Reading Defensas de los Estados Frente a Reclamos de Inversión Derivados del COVID-19

By: Billy Franco Diego Parra | Kate Cervantes-Knox

Introduction

As has been widely reported, on 4 November 2019 the Peruvian Preparatory Investigation Court ordered the “preventative detention” of fourteen arbitrators who sat as arbitrators
Continue Reading Arbitrators who were imprisoned in Peru have been released, but remain subject to significant restrictions on their freedom pending corruption investigations

Mexico has signed the Convention on the Settlement of Investment Disputes between States and National of other States, better known as the Washington Convention or theICSID Convention. This important development is expected to make Mexico
Continue Reading Investment Protection in Latin America: Mexico Takes One Step Forward, Venezuela Takes Two Steps Back

Published in the Global Arbitration Review, the chapter on the Enforcement of Foreign Arbitration Awards in Key Latin America Jurisdictions summarizes the arbitration law and practice of certain jurisdictions that have experienced an important development in the past 20 years in their arbitration landscape; they are also countries with significant economic growth. The countries in question are Brazil, Colombia, Mexico and Peru. This chapter focuses on the legislative efforts and the attitude adopted by the courts in these countries in regards to the recognition and enforcements of foreign arbitral awards. For full text, please click here.
Continue Reading Enforcement of Foreign Arbitral Awards in Key Latin America Jurisdictions

By Emil R. Infante and Harout Jack Samra

Few countries match the expropriatory model of revolutionary Cuba. Described by one scholar as the “largest uncompensated taking of American property by a foreign government in history,” the expropriations touched virtually every industry on the island.[1] The nearly 6,000 claims filed in the United States were valued by the Foreign Claims Settlement Commission as of 1972 at US$1.9 billion.[2]

Even as the debates concerning restitution for the Twentieth Century expropriations continue almost two decades into the subsequent century, a new wave of U.S. investment has begun to flow into Cuba following President Barack Obama’s executive actions to encourage more commerce between the two countries. Though the Congressionally-enacted Embargo remains a serious barrier to investment and trade, and will likely remain so well into the near future, U.S. companies are increasingly present on the island to “lay the groundwork” for future investments.[3]


Continue Reading Back to the Future? Foreign Investment Protection in Cuba