ICSID Establishes Procedures For Discovery Case Filed Against Costa Rica
Mealey's (July 19, 2016, 1:38 PM EDT) -- WASHINGTON, D.C. — A tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on July 14 released its order in an arbitration commenced by a group of investors against the Republic of Costa Rica, establishing procedures for the production of documents in the case (David R. Aven, et al. v. The Republic of Costa Rica, No. UNCT/15/3, ICSID).
(Procedural order No. 4 available. Document #05-160726-004R.)
U.S. investors seek more than $96 million for Costa Rica's alleged failure to protect investors from state interference as...