The government is apparently baffled by Lone Star Fund’s attempts to use Korean news outlets as a means of putting itself in a dominant position in its $4.68 billion legal battle against Seoul.
Arbitration cases due to COVID emergency measures would exacerbate the challenges that public budgets are already facing due to the need for stimulus measures and the difficulty in collecting government revenue.
US private equity firm Lone Star Funds suggested it was open to “amicable and sensible” out-of-court option to settle the longstanding dispute with the Korean government.
Les cabinets juridiques spécialisés dans les conflits entre investisseurs et États étudient d’éventuelles plaintes contre les mesures suspendant les activités économiques, instaurant un moratoire des loyers ou rendant accessible à tous un futur vaccin.
Axiata said the payment was made under protest and will seek remedies including restitution of sums already paid in the international arbitration proceedings.
Cerro Verde, a partnership between Freeport McMoran and Buenaventura, is to bring a case against Peru related to a taxation dispute at the ICSID under a US-Peru trade agreement.
La minera Cerro Verde, controlada por la estadounidense Freeport-McMoRan, inició un procedimiento internacional de arbitraje contra Perú por una disputa sobre el pago de millonarias regalías.
Une société de services financiers, basée aux États-Unis, a saisi le CIRDI au sujet d’un différend avec le Cameroun lié à une série de plateformes numériques.