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
MAY 22, 2024
The ANM further reiterated this in April, August 2017, and December 2019. 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. Mr. Martínez de Hoz, an arbitrator in this case, dissented.
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