Casino Developers Fail To Prove Corruption Claim Against Laos Government

(August 13, 2019, 8:49 AM EDT) -- SINGAPORE — A tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on Aug. 6 released an award entered in favor of the Laos government in a dispute over the operations of a casino complex after determining that the casino complex developers failed to prove their claims of corruption, bribery and expropriation against the government (Lao Holdings N.V. v. Lao People's Democratic Republic, No. ARB[AF)/12/6], ICSID)....

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