ICSID Grants Kenya's Request To Hold Quantum Phase After Merits Decision

(June 15, 2016, 2:24 PM EDT) -- WASHINGTON, D.C. — After two U.K. companies and a mining entity failed to submit any expert evidence on the amount of their alleged damages, a tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on June 13 released its decision granting a request by the Republic of Kenya for a separate review of the quantum issue to be held after the merits phase of the case (Cortec Mining Kenya Limited, Cortec [Pty] Limited and Stirling Capital Limited v. Republic of Kenya, ICSID Case No. ARB/15/29)....

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