ICSID Grants Kenya's Request To Push Back Hearing In Mining Dispute
(May 11, 2016, 12:44 PM EDT) -- WASHINGTON, D.C. — Taking into consideration the submissions of two U.K. companies and a Kenyan mining entity and the Republic of Kenya, a tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on May 10 issued an order granting Kenya's request for a revised timetable for the case (Cortec Mining Kenya Limited, Cortec [Pty] Limited and Stirling Capital Limited v. Republic of Kenya, ICSID Case No. ARB/15/29).
(Order available. Document #05-160524-032R.)
On July 7, ICSID registered an arbitration commenced by Cortec Mining Kenya Limited...