ICSID Publishes No-Damages Award In Mining Company Claim Against Colombia

Mealey's ( August 2, 2024, 2:11 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Aug. 1 published a split tribunal’s award finding that the Republic of Colombia breached its treaty obligations to a Canadian precious metals exploration company, ordering Colombia to indemnify the company from certain taxation liabilities but declining to award damages for the breach....