ICSID Declines Canada’s Request To Accept New Evidence In Annulment Proceeding

Mealey's (February 16, 2021, 12:34 PM EST) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) ad hoc committee in a decision published Feb. 11 declined Canada’s request that the committee admit new evidence in support of its application to partially annul an arbitral award with a dissent dismissing an Egyptian investor’s claims that Canada harmed its investment in wireless spectrum, which the investor has also applied to annul....