Remove 2012 Remove Corruption Remove Import
article thumbnail

Worley International Services v. Ecuador: The What, When and How in Corruption Allegations

Kluwer Arbitration

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.

article thumbnail

Interviews with Our Editors: In Conversation with Datuk Sundra Rajoo, Director of the Asian International Arbitration Centre (AIAC)

Kluwer Arbitration

It is now important for the Centre to show that it is independent and efficient with a commitment to promote ADR services in Asia and beyond. In 2012, you oversaw the launch of the world’s first i-Arbitration rules (i.e., This is one of the most important features that will assist in the enforcement of the Islamic arbitration awards.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Administrative Approval for Agreement to Arbitrate: The Iranian Supreme Court Offers a New Interpretation of Article 139 of the Iranian Constitution

Kluwer Arbitration

In cases where one party to the dispute is a foreigner, as well as in important cases that are purely domestic, the approval of the Assembly must also be obtained. Law will specify the important cases intended here.” A second level of approval has been added where one party to a dispute is a foreigner or where the case is “important”.

Import 52
article thumbnail

Uruguay Found Liable in Treaty Dispute with Airline Company Investor

Kluwer Arbitration

This resulted in the forced sell of LARAH’s indirect shareholding in Pluna to the Uruguayan government in June 2012. After a review of all the facts and evidence, the Tribunal concluded that LARAH held a 100% stake in Leadgate/SARAH since April 30, 2012. of the Treaty.

article thumbnail

Emergency Arbitration in the English Arbitration Bill: A Leap Forward?

Kluwer Arbitration

The Arbitration Bill followed the latter approach, showing the importance of statutory recognition of emergency arbitration. The Law Commission in its Final Report (July 2023) rightfully departed from its initial recommendation, thus acknowledging the importance of section 44(5).

Import 98
article thumbnail

Navigating the Intersection of Sovereign Acts and Commercial Activities: Insights from Omega v. Panama

Kluwer Arbitration

Additionally, the Claimants claimed that Panama’s actions included a smear campaign, which involved a criminal investigation into corruption allegations against Mr. Rivera, damaging his global reputation. The Corruption Investigation The Claimants contended that Panama’s criminal investigation was not genuine.

article thumbnail

2023 Year in Review: Latin America and Investment Arbitration

Kluwer Arbitration

Fernandez Arroyo reported that this was an interesting development considering Venezuela’s denunciation of the ICSID Convention in 2012 and its concerns regarding the investment protection system. Corruption allegations in arbitration proceedings relating to Peru remain very common. As reported by Hon.