Lao Holdings Files Amended Request For Arbitration With ICSID Against Laos

(August 4, 2016, 12:49 PM EDT) -- WASHINGTON, D.C. — Lao Holdings N.V. on Aug. 3 announced that it has filed an amended request for arbitration with the International Centre for Settlement of Investment Disputes (ICSID), seeking damages from the government of Laos in relation to alleged breaches of a 2014 settlement agreement that resolved a dispute over an investment in the Laos gaming industry.

(Amended request available. Document #05-160830-004X.)

Lao Holdings said the amended request was filed pursuant to the ICSID Additional Facility Arbitration Rules and the Agreement on Encouragement and Reciprocal...
To view the full article, register now.