ICSID Tribunal Rejects Internet Services Investors’ $350M Contract Claim

Mealey's ( October 21, 2024, 9:27 AM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal rejected on the merits all claims brought against the Republic of Colombia by an internet services investor that claimed that Colombia caused it more than $350 million in damages by refusing to extend a contract for domain services and separately rejected its request to transfer the claim to a new corporate entity....