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

Brazilian Transport Agency Regulates Arbitration with Privates Parties

On May 17, 2018, the Federal Terrestrial Transport Agency of Brazil (ANTT) enacted Resolution 5,845/2019, whereby it detailed the procedure for mediations and arbitrations...

FIDIC Emerald Book Published for Underground Work

The Fédération Internationale des Ingénieurs-Conseils (FIDIC), in association with the International Tunnelling and Underground Space Association (ITA-AITES), launched the First Edition of the "Conditions...

Colombia: Constitutional actions in international arbitration

Colombian constitutional law provides an action for the defense of fundamental constitutional rights, known as a “tutela action.” The tutela action has been accepted...

Brazil enacts “Economic Freedom” Act

On April 30, 2019 the Brazilian Federal government has enacted Provisional Measure 881 (“MP 881”), with the intention of boosting economic freedom and reducing...

International Arbitration Yearbook, 12th Edition – now available!

We are pleased to announce that the twelfth edition of The Baker McKenzie International Arbitration Yearbook is now available. This edition reviews important developments in...

Thinking ahead: What to consider prior to arbitration when securing warranties and indemnities under...

In the field of mergers and acquisitions, warranties and indemnities introduced to share purchase agreements (SPAs) offer certain level of security and allocate risk...

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...

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.