ICSID Arbitration Rules in Favor of PanamaThe Centre for Settlement of Investment Disputes has ruled against the businessman Julio Lisac, who filed the suit after cessation of a concession for a hydroelectric project.Tuesday, June 7, 2016
From a statement issued by the Ministry of Economy and Finance: ¿Busca soluciones de inteligencia comercial para su empresa?International Litigation Against Panama Over Hydroelectricity StationOctober 2013 The Center for Settlement of Investment Disputes has started arbitration proceedings in which Panama could end up paying up to $2.5 billion. Lawsuit Against El Salvador for Investment in LAGEOAugust 2013 The Italian consortium Enel has filed a case against the Salvadoran State with the ICSID over a dispute on equity interest in the geothermal plant. Litigation Over Hydroelectric Concession in PanamaJune 2013 Transglobal Green Energy has summoned the Panamanian government to make an agreement over a hydroelectricity concession which was annulled and then granted to a company belonging to Carlos Slim. State of Guatemala Wins Arbitration Against IberdrolaAugust 2012 The International Centre for Settlement of Investment Disputes (ICSID) of the World Bank, has ruled against the claim of the Spanish company Iberdrola against the State of Guatemala.
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