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Smart Public Procurement Can Contribute to Marofiscal Stability Smart public procurement spending can be a critical area for improving fiscal balances because it can improve the effectiveness of public expenditure by reducing waste. Better fiscal balances will contribute to greater macroeconomic stability.
On its part, the Respondent raised several objections to the jurisdiction of the Tribunal, specifically pointing to several instances of corrupt and illegal acts allegedly committed by Worley at the making and during the operation of the investment. Worley may have willfully failed to monitor and investigate Tecnazul’s corrupt activities.
These included ongoing issues such as poor institutional coordination, lack of transparency, high levels of corruption, and murky lines of accountability. The legal framework as well as the creation of procurement oversight agencies led to more accountability, with a clear set of rules as well as checks and balances.
The Court considered that “the suggestion that it was unnecessary to call any expert witnesses was plainly not an expression of a balanced and impartial view, or merely a concern about the hearing over-running, or an attempt by the arbitrator to impose an orderly and economical procedure on the parties.”
(‘Ecopetrol’), the national oil company of Colombia, seeking a declaration with respect to certain indemnification terms under a Share Purchase Agreement entered into in 2008 (the ‘2008 SPA’). Mexico and New York) and because Forbes IP’s anti-suit injunction would be dispositive of the Mexico Injunction.
ARB/18/13) issued an award under the Canada-Colombia FTA (2008)) (“FTA”). This behavior showed that Colombia acted with a legitimate purpose, giving meaningful consideration to competing economic, environmental, and social interests to produce a balanced policy.
ARB/18/13) issued an award under the Canada-Colombia FTA (2008)) (“FTA”). This behavior showed that Colombia acted with a legitimate purpose, giving meaningful consideration to competing economic, environmental, and social interests to produce a balanced policy.
The Resolution is, thus, aligned with CVM’s administrative rulings concerning the balance between, on the one side, the right of full disclosure to investors, and on the other side, the confidentiality of arbitration proceedings imposed by institutional rules. In a ruling rendered in the administrative proceedings CVM no.
In 2008, Prof. How do you balance the multiple competing demands on your time? The answer of my family and my assistants concerning the balancing would probably be: not very well. My involvement with the Vis Moot started in 1997 as one of the coaches for the team of Cologne University. Past interviews are available here.
Factual Background The dispute related to the management by Citigroup of a portfolio, the value of which collapsed during the 2008 financial crisis. This example illustrates that there is room for more flexibility, while creating a more balanced bargain between the parties. 23/01696 ) (see also here ).
However, after the 2008 financial crisis, Spain retracted its subsidy programs , leading to substantial investor losses. She concluded that the District Court’s decision was reasonable because it balanced the U.S. In the early 2000s, Spain introduced incentives to attract investments in renewable energy. jurisdiction.
In Brazil, pioneering projects on reforms have sparked discussions about the balance between public accountability and confidentiality in class arbitrations, while also expanding the professional pool of arbitrators to include public notaries. These changes reflect a broader trend towards modernizing arbitration frameworks in the region.
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