Venezuela


The UNASUR centre for the settlement of investment disputes and Venezuela: will both ever see the light at the end of the tunnel?
One of the objectives of the Union of South-American Nations (UNASUR) is the creation of a regional dispute settlement centre to replace the International Centre for the Settlement of Investment Disputes (ICSID).
The men behind ISDS
The so-called “ISDS” has been existing for years already. A revealing look in the hidden world of investor-state dispute settlement.
Venezuela ordered to pay Canadian miner Rusoro more than $ 1.2 billion
An international arbitration tribunal has ordered Venezuela to pay a Vancouver-based mining company more than $1.2 billion for expropriating its gold mines.
Spanish agriculture firms file arbitration claim against Venezuela
Spanish agriculture company Grupo Agroinsumos Ibero-americanos and associated firms have filed an arbitration case against Venezuela via a World Bank tribunal, seeking compensation for the 2010 nationalization of its operations.
British Vestey Group wins $100m battle with Venezuela over cattle ranches
Government ordered to pay compensation after Hugo Chávez nationalised British beef company’s landholdings.
Canadian miners face uphill battle to collect on arbitration wins
Crystallex International Corp. completed the easy part: It won an arbitration award against Venezuela worth nearly US$1.4 billion. Now comes the hard part: actually collecting that money.
Venezuela ordered to pay Crystallex US$ 1.386 billion in arbitration ruling
An arbitration tribunal has ordered the Venezuelan government to pay a whopping US$1.386 billion to Canadian miner Crystallex International Corp.
ICSID decides that Tidewater is now free to enforce $37 million of the $65 million arbitral award for the taking of the company's Venezuelan operations
Enforcement of remaining $28 million remains pending further ICSID decision.
Venezuela, Gold Reserve to settle arbitration dispute with joint venture
Venezuela and Canadian mining company Gold Reserve signed a memorandum of understanding to settle a protracted arbitration dispute over a gold concession.
Tenaris wins $173 million dispute in Venezuela
Luxembourg-based pipe producer Tenaris announced it won a $172.8 million compensation for the expropriation by Venezuela of Tenaris' and its subsidiary Talta's interests.