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Red Eagle v. Colombia: Colombia’s Decisions to Protect Páramos Do Not Constitute a Violation of the Minimum Standard of Treatment vis-à-vis an Investor with No Vested Right

Kluwer Arbitration

To obtain an environmental license, the investor must obtain approval from the environmental authority of (i) an Environmental Impact Assessment and (ii) an Environmental Management Plan (“PMA”). Accordingly, in May 2011, the Von Humboldt Institute issued Resolution No.

Balance 52
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Red Eagle v. Colombia: Colombia’s Decisions to Protect Páramos Do Not Constitute a Violation of the Minimum Standard of Treatment vis-à-vis an Investor with No Vested Right

Kluwer Arbitration

To obtain an environmental license, the investor must obtain approval from the environmental authority of (i) an Environmental Impact Assessment and (ii) an Environmental Management Plan (“PMA”). Accordingly, in May 2011, the Von Humboldt Institute issued Resolution No.

Balance 52
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Pre-Ιnvestment Expenditures, Defining an Investment, and a Problem of Translations: Patel Engineering v the Republic of Mozambique

Kluwer Arbitration

Investors frequently make expenditures in the preparatory phase of an investment, such as environmental impact assessments , scientific surveys, or financial advice. PEL signed a Memorandum of Interest (MOI) on May 6, 2011 with the Ministry of Planning and Development and the Ministry of Transport and Communication (Award, para 163).