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.
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.
The UK Department for International Trade has been blasted for its claims that the UK has enough trading clout to assert itself in US trade talks, amid concerns.
The dispute with Crystallex follows a ruling by the International Centre for Settlement of Investment Disputes (Icsid), an international arbitration institution set up by the World Bank.
An internal EU report claims that the UK government has pressured the Armenian government in a two-year standoff between protesters, an international mining company and the authorities.
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.
La Procuraduría General del Estado detalla que de seis arbitrajes en contra de Ecuador por temas de inversiones, cuatro son de firmas norteamericanas.