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International Arbitration Newsletter - February 2020

Impact of the reform of the Peruvian Arbitration Law following the Odebrecht case

Hugo Forno / Kevin Villanueva

The Peruvian Government has amended its Peruvian Arbitration Law due to the pressure of the Odebrecht case. We analyse, from a critical perspective, the impact and consequences of these amendments brought by the Urgency Decree No. 020-2020.

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Regional Overview

THE AMERICAS

  • Chile. Chile defeats last attempt by Víctor Pey and President Allende Foundation in Clarín case
  • Paraguay. Paraguay hit by treaty claim from high-speed bus network contractor 
  • Peru. Odebrecht files treaty claim against Peru
  • USA. Gas pollution settlement award challenged by German Underwriters
  • Venezuela. Venezuela threatened by Spanish pharma investor

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EUROPE

  • Italy. Claim over wind park seizure threatens Italy
  • CyprusICSID tribunal upheld jurisdiction over a mass intra-EU claim against Cyprus
  • Spain. Spain ordered to compensate another investor over reforms to its renewable energy subside regime
  • SpainSpain wins challenge of the Swedish arbitrator
  • SpainSpain beaten by new renewables award
  • SpainUS court grants Spain a stay of enforcement of solar award

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MIDDLE EAST AND AFRICA

  • DjiboutiDjibouti ordered to restore DP World’s rights over a major port facility on the Red Sea
  • Egypt. Stay of enforcement on US$2 billion award against Egypt lifted by ICSID committee 
  • Congo. Congo’s state mining company settles ICC claim against Chinese company over a mining venture
  • Tanzania. Tanzania threatened with three gold mining licenses claims

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ASIA PACIFIC

  • China. Treaty claim against Mongolia filed by Chinese investors rejected
  • India. Telecoms claim against India rejected
  • South Korea. Samsung wins claim against New York-listed drilling company
  • Singapore. Philippines-based company loses SIAC claim
  • Vietnam. Total loses SIAC claim over Philippine project

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News

  • Partner Joe Tirado (London) has co-authored an article on  Investor-State Mediation - New Tools for Policy Makers, Transnational Dispute Management, February 2020.