(August 1, 2024, 12:06 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) published a tribunal’s award ordering a biofuel investor to pay the Republic of Panama roughly $1.5 million in attorney fees and arbitration costs after dismissing the investor’s claims for lack of jurisdiction because it failed to prove that it is controlled by Italian investors, noting that the investor “unreasonably delayed” proceedings with “untimely and unjustified requests.”...