Region: Colombia
Colombian state agency liable in highway dispute
A construction company has been awarded more than US$300 million in an ICDR dispute with a Colombian government agency over a highway project that was halted because of its proximity to freshwater springs.
15 April 2025
Colombian refinery investors return to ICSID
Colombia is facing a second ICSID claim by a pair of US investors in a troubled oil refinery upgrade project – as an investor in another dispute with the state fails in a novel request for rectification of a dissenting opinion.
09 April 2025
Mining company seeks to enforce against Colombia in royalty dispute
An Australian-owned mining company has asked a US court to enforce an ICSID award requiring Colombia to reimburse it for overpaid royalties.
05 March 2025
Spanish healthcare group takes Colombia to ICSID
A Spanish-owned healthcare group has launched an ICSID claim against Colombia reportedly worth US$1.2 billion over the alleged expropriation of an insurance business.
22 January 2025
Colombia and Congo face ICSID claims
UPDATED: Colombia is apparently facing a second treaty claim relating to a sunken 18th-century Spanish galleon full of treasure, as the Democratic Republic of the Congo is hit with an ICSID claim over a mining concession.
14 January 2025
Billion-dollar award confirmed in Colombian refinery case
A US court has confirmed an ICC award worth US$1.3 billion in favour of a Colombian state-owned entity over an oil refinery project, aiding its pursuit of recovery from insurers.
14 January 2025
Colombia beats ICSID claim over refinery project
An ICSID tribunal has declared a US$2.4 billion claim against Colombia over the upgrade of an oil refinery to be inadmissible, finding it was brought prematurely.
02 January 2025
Chile liable in claim by Colombian power company
An ICSID tribunal has found Chile liable in a US$230 million claim by a Colombian state-owned power company over a project to build an electricity transmission line – but only awarded 6% of the damages sought.
17 December 2024
Indigenous groups intervene in Colombian mining case
An ICSID tribunal hearing a claim brought by Glencore against Colombia over a mining project has allowed two Indigenous communities to intervene in the proceedings.
18 November 2024
Lebanon and Colombia face ICSID annulment bids
A Greek contractor has applied to annul an ICSID award that dismissed its €417 million claim against Lebanon, while US investors seek to revive a US$256 million claim against Colombia that fell foul of an “essential security” defence.
15 November 2024