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Vinci Airports to operate Santiago SCL until 2038 following settlement with Chilean government
Following a favorable arbitration ruling, Nuevo Pudahuel has secured a 36-month extension to its contract at Santiago Airport, ending a multi-million-dollar dispute with Chile.
CK Hutchison launches arbitration over Panama Canal ports contract ruling
Hong Kong's CK Hutchison said its Panama Ports Company unit has started international arbitration proceedings against Panama after the country's top court annulled its licences to operate two Panama Canal ports
Corporación América Airports receives US$91.2 million ICSID award payment from Peru
Corporación América Airports S.A. announced that Sociedad Aeroportuaria Kuntur Wasi S.A., in which it holds an indirect 50% equity stake, received a payment of about US$91.2 million from the Republic of Peru.
US-backed housing scandals threaten to rip off Honduras and Panama
Miami-based investors are suing Honduras after their own false promises left families picking up the pieces.
Uruguay paid US$64 million after Luxembourg account seizure not disclosed by previous government
The Uruguayan state had its bank accounts in Luxembourg frozen for several months due to non-payment of an arbitration award over the closure of national airline Pluna.
One small country, nearly $20 billion in corporate claims
Using a secretive arbitration system, multinational companies could bankrupt Honduras, one of the poorest countries in the world. A recent advisory opinion from a human-rights court calls for an overhaul.
Lithuania and Veolia reach €38m settlement to end decade-long legal disputes
Lithuania and French energy group Veolia have reached a €35 million settlement that ends most of their decade-long legal disputes over municipal heating contracts, the Lithuanian Energy Ministry announced .
Costa Rica is facing a multi-million dollar lawsuit for protecting its environment and its communities - and following the law
A Canadian company is threatening private arbitration under the Canada–Costa Rica investment treaty, claiming Costa Rica violated the treaty by halting a landfill project in Turrúcares, even as the proper domestic legal process is unfolding.
Humans Group initiates arbitration proceedings against the Republic of Uzbekistan to protect its investment
Humans Mobile Ltd, an international holding company and owner of Humans' business in Uzbekistan, has formally initiated arbitration proceedings against the Republic of Uzbekistan.
Australia’s Port of Darwin move risks ISDS arbitration with China
The re-elected Australian Labor government plans to reclaim China's 99-year lease over the Port of Darwin. This risks triggering an international arbitration claim by the Chinese-owned Landbridge Group.