Mealey's (July 30, 2020, 12:58 PM EDT) -- WASHINGTON, D.C. — The chairman of the International Centre for Settlement of Investment Disputes (ICSID) Administrative Council on July 27 released a letter dated July 23 rejecting a proposal by attorneys for the Bolivarian Republic of Venezuela to disqualify all three members of an annulment committee hearing Venezuela's challenge to an $8.5 billion award against it for a 2007 expropriation of oil investments as the chairman found that the proposal failed to establish that the committee members lacked independence or impartiality (ConocoPhillips Petrozuata B.V., et al. v. Bolivarian Republic of Venezuela, No. ARB/07/30, ICSID)....