An international tribunal has ruled in favor of the Costa Rican government in a legal process in which US investors denounced arbitrary actions in the development of a real estate project in Esterillos beach.
From a statement issued by the Ministry of Foreign Trade:
San Jose.On September 19, 2018, the Government of Costa Rica was notified by the International Center for Settlement of Investment Disputes (ICSID) of the decision adopted by the Arbitral Tribunal in the case of David Richard Aven et al.c.Costa Rica (known as "Las Olas").This arbitration was filed by a group of US investors in 2014, under the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR).
In Costa Rica the Association of Mayors has submitted a complaint against the prohibition of generating energy from solid waste, and requested the lifting of the moratorium.
Despite the fact that on July 21 an agreement was made to allow one month to define a regulation governing the activity, the government has not made any progress on the issue and municipalities have decided to file a lawsuit with the Administrative Tribunal.
Lego International has won a lawsuit against Lego PZ Multiservicios S.A. of Costa Rica for the misuse of the toymaker's brand name.
Lego International won the lawsuit filed against the corporation Multiservicios Lego PZ Costa Rica for the unauthorized use in its company name, of the trademarked name Lego. The Register of Legal Entities at the National Registry ordered the administrative detention of the corporation.
Infinito Gold is suing for $94 million lost due to violations of the agreement for the promotion and protection of investments between Costa Rica and Canada.
Industrias Infinito confirmed that its parent company, Infinito Gold, has filed a law suit against Costa Rica at the International Centre for Settlement of Investment Disputes (ICSID) seeking compensation as a result of their investments in the canceled mining project of Crucitas.
Telefónica has filed a lawsuit so that the state telecom company refrains from using the 2.6 GHz band to operate its 4G LTE network.
The lawsuit by the company that operates under the Movistar brand was filed against the state and the Instituto Costarricense de Electricidad (ICE). The measure also aims to ensure that ICE refrains from promoting or informing on its intention to provide fourth generation cellular services until the court issues a ruling.
The Bellavista mining company has gone to the Administrative Court seeking permission to reactivate gold mining activities in Puntarenas.
According to the general manager of Metales Procesados MRW S.A., Donald Brown, the suit against the Costa Rican government was filed last May but the information had not been released until now. The official says they are not seeking any compensation, the intention is only to be allowed to reactivate operations.
After the final decision by the Constitutional Court dismissing their claims, Industrias Infinito has announced it will continue litigation in international tribunals.
"Industrias Infinito turned to international arbitration with the International Centre for Settlement of Investment Disputes and Investment Disputes (ICSID) in April, the company is asking the State to pay $1.092 billion in compensation for halting the mining concession", reported Nacion.com.
The Swiss-owned company is suing the Costa Rican State over pricing disagreements and safety requirements.
This was confirmed by René Castro, Minister of Environment and Energy in Costa Rica. "Although it is presumed that the amount asked for is about $ 30 million, Castro said he does not know the total amount, as there are various suits by the gas canning company ...", reported Elfinancierocr.com.
Infinito Gold has given an ultimatum to the Costa Rican government, to either agree to resume its gold mining project, or face an international law suit for $1.09 billion.
The Canadian mining company had initially obtained permits for the operation of a gold mine in Costa Rican territory, and had already started the project when a court ruling overturned the award, pointing to flaws in the process of granting permits, and environmental damage.
The Costa Rican construction company is suing Fomilenio and the Salvadoran government for cost overruns on Longitudinal del Norte Highway.
According to a document submitted by the company before the Public Works Committee of the Legislature, the cost of section six, which includes Ciudad Barrios-Osicala and Delicias de Concepción-Cacopera, went from $23 million to $44.8 million.
The concessionaire of the route San Jose – Caldera, , Autopistas del Sol, has filed a lawsuit against the state demanding an update of the cost of road construction.
The company is seeking to "rebalance the contract based solely on an update of the amount of the original bid", said Luis Diego Flores, constitutional attorney. The concessionaire maintains that the cost of the works exceeded the figures set out in the original bid for the project.
After 10 years of litigation, the First Chamber of the Judiciary has ruled in favor of the cement company Cemex on a case related to tax collection.
According to the Municipality of Abangares, in the province of Puntarenas, the cement company owed $10 million in tax payments related to the operation of a quarry.
Among the actions requested by the Municipality is a request to the Ministry of Environment, Energy and Telecommunications for the concessionary award to Cemex to be annulled.
The company, who holds concession of the San José-Caldera highway, is facing a lawsuit for $ 1.1 million in environmental damages.
The areas affected are between Ciudad Colón and Orotina.
"In that 39 km stretch there are clogged streams, small streams and slopes covered with debris and soil removed during construction of the road." informed Nacion.com.