6-Apr-2016
Financial Post
An arbitration tribunal has ordered the Venezuelan government to pay a whopping US$1.386 billion to Canadian miner Crystallex International Corp.
8-Jan-2016
Eurasia Review
Venezuela doesn’t want investment treaties anymore if they give investors the right to drag the country before a commercial court. “The system has been set up to break down the nation-state.”
8-Sep-2015
Latin American Herald Tribune
A U.S. Federal Court has upheld U.S. enforcement of an International Chamber of Commerce (ICC) arbitration agreeing that U.S. oil giant ConocoPhillips has the right to take Venezuela state oil company PDVSA’s 50% stake.
13-Mar-2014
Latin American Herald Tribune
In a 2-1 decision, the World Bank’s arbitration panel has rejected Venezuela’s request for "reconsideration" of its September 2013 finding that it had jurisdiction and that Venezuela was liable for the expropriation of ConocoPhillips’ investments in the Latin American nation.
30-May-2013
Latin American Herald Tribune
Venezuela reported a triumph at the World Bank’s International Center for the Settlement of Investment Disputes in a case brought by Panama’s OPIC Karimun Corporation on compensation for losses it sustained when Venezuela nationalized oil fields in 2007.
29-Oct-2012
CIP Americas Program
Venezuela’s entry into Mercosur has had interpretations centered on the economic and commercial aspects, but the most important it is a geopolitical and geoenergy matter.