Region: Colombia
Telefónica wins ICSID award against Colombia
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
Colombia defeats ICSID case over internet domain name
Colombia has defeated a US tech company’s US$350 million ICSID claim over rights to operate the “.co” domain name.
23 September 2024
Colombia turns to outside counsel for shipwreck treasure claim
After failing to get the case thrown out at an initial stage using in-house lawyers, Colombia says it has retained two foreign law firms to lead its defence in a US$10 billion investment treaty claim over rights to treasure in the wreck of a sunken 18th century Spanish galleon.
17 September 2024
Canadian energy company wins award over Colombian pipeline
A Canadian energy company has won an award in a Bogotá arbitration against a local gas distributor over the expansion of a pipeline on Colombia‘s Caribbean coast.
30 August 2024
Glencore and Bolivia both seek to annul awards
Glencore has applied to partially annul an ICSID award that dismissed the bulk of its claim against Colombia over a port facility – while Bolivia is seeking to overturn an ICC award won by Dutch oil giant Shell.
28 August 2024
The New York Convention in Latin America
Featured in The Guide to Arbitration in Latin America - Third Edition
23 August 2024
Colombia avoids damages in high-mountain mining dispute
A divided ICSID tribunal has declined to award any damages to a Canadian mining company in its US$700 million claim against Colombia, three years after it held the state liable for depriving the investor of its right to operate within an environmental preservation zone.
16 July 2024
Colombia hit with ICSID claim over mine attacks
A Chinese-owned Canadian mining company has lodged an ICSID claim against Colombia, after it alleged the state had failed to protect its project and workers from attacks by illegal miners.
15 July 2024
Colombia beats ICSID claim with “essential security” defence
UPDATED WITH AWARD: An ICSID tribunal has thrown out a US$256 million claim against Colombia over the seizure of land allegedly linked to organised crime, finding it fell within a treaty exception for measures aimed at protecting the state’s essential security interests.
28 June 2024