Arbitration News from Venezuela

Baker McKenzie International Arbitration Yearbook 2020-2021 – Venezuela

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VENEZUELA Eugenio Hernández-Bretón, María Eugenia Salazar, Gabriel De Jesús, Héctor Martínez and María Alejandra Ruiz. A. LEGISLATION AND RULES A.1       Legislation International arbitration in Venezuela continues to be...

Baker McKenzie International Arbitration Yearbook 2019-2020 – Venezuela

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VENEZUELA Eugenio Hernandez-Breton, Maria Eugenia Salazar, Gabriel De Jesus, Hector Martinez, Maria Alejandra Ruiz, Maria Victoria Diaz. A. LEGISLATION AND RULES A.1 Legislation International arbitration in Venezuela continues...

USA: District court confirms ICSID award’s interest rate

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In Mobil Cerro Negro, Ltd. v. Bolivarian Republic of Venezuela, No. 14-8163-cv (S.D.N.Y. Mar. 4, 2015), the District Court for the Southern District of...

Venezuela versus the ICSID Convention

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Venezuela's withdrawal from the ICSID Convention does not prevent foreign investors from relying on other mechanisms in order to protect their rights. On 24 January...

Arbitration News from Latin America

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Arbitration Statistics 2020 – In Full Sail Through the COVID Storm

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Introduction It is this time of the year again: most major arbitration institutions have published their statistical reports, giving us the opportunity to take a...

Brazil Judiciary regulates arbitral letters for communications between arbitrators and judicial courts

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The Brazilian Justice Counsel published on September 29, 2021 a decision regulating arbitral letters, which are the instruments foreseen in Brazilian Arbitration Act and...

District court refuses to vacate award annulled at the seat of arbitration because it...

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Compañía de Inversiones Mercantiles S.A. v. Grupo Cementos de Chihuahua, S.A.B. de C.V., No. 1:15-cv-02120-JLK (D. Colo. Apr. 30, 2021) In 2005, Compañía de...

Brazilian Superior Court Confirms 90-Day Limitation Period to Request Annulment of an Arbitral Award

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On August 9, 2021, the Brazilian Superior Court of Justice (STJ) published an interesting decision on the time limit to request the annulment of...

Brazil Signs the Singapore Convention on Settlements arising from Mediation

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On June 4, 2021, Brazil signed the Singapore Convention on Mediation ("Singapore Convention"), which provides a uniform framework for settlement agreements put in writing...

Climate Finance and Arbitration

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Before the COVID-19 pandemic, the fight against Climate Change was the number one topic on the news. What was most striking about the fight...

New Brazilian Bid and Public Contracts Act fosters the use of arbitration

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Brazilian Law 14.133 was published on April 1st, 2021, introducing a new regime for private parties to bid and enter into contracts with Brazilian...

Part II of a Trilogy: Investor claims in response to the State’s protective measures...

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We are pleased to introduce the second part of our trilogy of brief commentaries on Investment Treaty Protection & Covid-19 driven State Intervention. In...

Baker McKenzie’s Arbitration Yearbook 2018-2019 Edition  

Click here for the chapter on Venezuela in the 2018-2019 Arbitration Yearbook.

 

Baker McKenzie’s Arbitration Yearbook 2017-2018 Edition

Click here for the chapter on Venezuela in the 2017-2018 Arbitration Yearbook.