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Trade Law body of the UN
A wave of nationalisations and regulatory measures under Hugo Chávez and his successors spawned a large slate of investor-state disputes against Venezuela after 1999, with prominent claimants includin...
A wide array of international and domestic arbitral bodies — from historic ad hoc tribunals convened in Paris to contemporary ICSID, ICC and UNCITRAL tribunals — have issued awards against the Bolivar...
Investors responded to Venezuela’s 2012 denunciation of the ICSID Convention by shifting to alternative fora and procedural routes—filing under the ICSID Additional Facility Rules or initiating ad hoc...
Venezuela’s denunciation of the ICSID Convention takes legal effect six months after notice and therefore primarily shapes jurisdiction through the timing of state consent: ICSID jurisdiction remains ...
International tribunals and national courts have carved complementary but distinct precedents in disputes over Venezuelan assets: The Hague appellate courts have reinforced a hierarchy that directs in...
Venezuela formally notified its denunciation of the ICSID Convention on 24 January 2012, effective six months later on 25 July 2012, triggering legal and strategic consequences for both pending and pr...
U.S. companies and related investors have won a string of multibillion‑ and multimillion‑dollar arbitration awards against Venezuela for the 2000s-era nationalizations and contractual breaches—most pr...