Arbitration News from Venezuela

USA: District court confirms ICSID award’s interest rate

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

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

The Year Ahead – Regional Developments: What are the key developments across the regions?

Asia Pacific Australia Final report of government inquiry into banking and financial services A Government inquiry is examining standards and misconduct in the banking and financial...

Brazil Federal Union and CODESP win Libra arbitration on the Brazilian Port of Santos 

On January 7, 2019, it became public the award of the arbitral proceeding between, on one hand, Libra Terminais S.A. and Libra Terminais Santos...

The Year Ahead – Co-operation: States and their courts are increasing efforts to co-operate...

We are seeing increasing efforts between states and between courts to co-operate over enforcement of judgments. This is long-overdue when compared to efforts for...

ICC – More efficiency and transparency in 2019

The ICC committed itself to make arbitration proceedings more efficient and transparent. To reach this objective, the institution has introduced several new policies in...

The Year Ahead – Competition: Governments are increasingly aware of the competition for international...

Governments around the world are becoming increasingly aware of the competition that exists for international disputes work, between and amongst national courts and arbitral...

The Year Ahead – Innovation: A new generation of legal analysis tools is emerging

A new generation of legal analysis tools is emerging. All of them rely on innovative use of data, and there is increasing use of...

Quo Vadis Party-appointed Experts?

The never-ending clash between the Civil Law and Common Law traditions in international arbitration took center-stage once again in 2018, with the introduction of...

Argentine Supreme Court supports restricted review of arbitral awards

On November 6, 2018, the Argentine National Supreme Court ("Supreme Court") ruled on a case regarding the annulment of a domestic arbitration award. The...

Baker McKenzie’s Arbitration Yearbook 10th Anniversary Edition 2016-2017 

Click here for the chapter on Venezuela in the 2016-2017 Arbitration Yearbook.

 

Baker McKenzie’s Arbitration Yearbook 2015-2016 Edition

Click here for the chapter on Venezuela in the 2015-2016 Arbitration Yearbook.