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Tribunal to hear miner s dispute against Tanzania

Tribunal to hear miner’s dispute against Tanzania Friday April 09 2021 Summary Indiana argues that expropriation of its nickel project breached agreements signed by Tanzanian, British and the Northern Ireland governments for promotion and protection of investments under bilateral investment treaties. Montero Mining and Exploration Ltd and Winshear Gold Corporation also have arbitration cases against Tanzania. Advertisement The arbitral tribunal by the International Centre for Settlement of Investment Disputes (ICSID) will hold its first session on April 22 to hear the $95 million international compensation claim filed against Tanzania’s government by Indiana Resources Ltd of Australia last April. In a notice to shareholders, Indiana said, “Cavinder Bull of Singapore has been appointed president of the arbitration tribunal with Justice Sanji Monageng of Botswana and Doak Bishop of the US confirmed as arbitration panel members.”

Latin Lawyer - Nicaraguan avocado dispute ripens at ICSID

Latin Lawyer Tom Jones Credit: shutterstock.com/anarociogf A US company has filed a US$590 million International Centre for Settlement of Investment Disputes (ICSID) claim against Nicaragua over its investment in an avocado plantation that was allegedly destroyed by armed paramilitary forces. To read more Subscribe and start reading now Latin Lawyer is your definitive source of news, analysis, and research from the Latin American legal community. It keeps you up to speed with the issues and trends that matter and provides the data and tools you need to operate successfully.

Albania struggle highlights investment enforcement challenges

Albania struggle highlights investment enforcement challenges Published by: Andrew Mizner at 07/04/2021 Albania’s attempt to annul a EUR 110 million arbitral award has failed, but the enforcement battle. Albania’s attempt to annul a EUR 110 million arbitral award has failed, but the enforcement battle has highlighted a growing trend for non-compliance with investment awards. Two years after winning an investor-state arbitration against Albania, a group of Italian investors has defeated an attempt to annul the award and is fighting a Europe-wide battle to enforce its payment. The group, consisting of companies Hydro and Costruzioni, and investors Liliana Condomitti, Mauro De Renzis, Stefania Grigolon and Francesco Becchetti won EUR 110 million, and the majority of their costs, after a tribunal of the

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