ICSID Dismisses Claims Against Uruguay For Lack Of Jurisdiction

(March 25, 2019, 11:47 AM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal on March 22 dismissed an arbitration commenced against the Oriental Republic of Uruguay in relation to the revocation of a license to provide wireless data services there, holding that the data services provider was not an investor under a bilateral investment treaty and that the tribunal lacked jurisdiction over the case (Itabla Corp. v. Oriental Republic of Uruguay, No. ARB/16/9, ICSID)....

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