ICSID Rejects Panama's Objections To Arbitration Over Luxury Development

(May 12, 2016, 8:55 AM EDT) -- WASHINGTON, D.C. — A tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on April 4 rejected preliminary objections asserted by the Republic of Panama to an arbitration commenced by various investors in a luxury eco-tourism project Álvarez y Marín Corporación S.A. and others v. Republic of Panama, No. ARB/15/14, ICSID)....

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