ICSID Committee Declines To Annul $19.1M Award Against Colombia

Mealey's (September 27, 2021, 10:42 AM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) annulment committee on Sept. 22 denied the Republic of Colombia’s application to annul an award against it worth more than $20 million for harming two mining entities’ investments, finding that Colombia failed to establish that the tribunal erred by excluding evidence it obtained from the companies’ email servers during an unrelated investigation....