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Tag: award

Showing 7 out of 7 results

04 October 2022

ICSID tribunal upholds the recoverability of success fees for counsel in BSG Resources v Guinea

On 18 May 2022, an arbitral tribunal rendered its award in BSG Resources Limited (in Administration), BSG Resources (Guinea) Limited, BSG Resources …

26 January 2018

Bear Creek Mining Corp. v. Peru: the potential impact on damages of an investor's contributory action and failure to obtain a social license

In an award dated 30 November 2017 (the "Award"), an ICSID Tribunal ordered Peru to pay around US$30.4million to Canadian company Bear Creek Mining (the …

04 September 2017

PCA Tribunal rules on disputed Slovenia and Croatia land and maritime boundaries

In a long-running dispute, the Permanent Court of Arbitration ("PCA") Tribunal has issued its Final Award. The Final Award, which runs to nearly 400 …

29 June 2016

Immunity: US Court of Appeals reverses lower court decision that had denied enforcement of foreign arbitral award

In a recent decision handed down on 31 May 2016, the majority in a United States Court of Appeals sitting in Washington DC reversed a decision by the US …

05 November 2015

ICSID tribunal declines jurisdiction on basis of lack of evidence of necessary "control" under BIT and requires claimant to pay 80% of costs of the state

In the ICSID decision of Guardian Fiduciary Trust Ltd f/k/a Capital Conservator Savings & Loan Ltd v Former Yugoslav Republic of Macedonia (ICSID …

02 July 2015

First enforcement of an Emergency arbitrator award against a state in investment treaty case

It has been announced in Global Arbitration Review that Ukraine has been the first state to have an emergency arbitrator award enforced against it …

03 February 2015

Investor's claims against Peru thrown out due to abusive corporate restructuring to acquire treaty rights

In an award rendered on 9 January 2015, an ICSID tribunal (Gabrielle Kaufmann-Kohler (presiding), Eduardo Zuleta, and Raúl Vinuesa), determined that one …