BY CHRONICLE STAFF
Will we see more Latin America-related cases filed at the World Bank's International Centre for Settlement of Investment Disputes (ICSID) this year? Will they be driven by populist government actions (i.e. nationalizations, etc) or private-sector disputes related to the growing crisis? What happens when countries like Ecuador, Nicaragua and Bolivia refuse to acknowledge the ICSID's verdicts? Have law firms seen increased ICSID work this past year?
Latin Business Chronicle asked three leading experts. Our panel includes:
- Hernando Diaz-Candia, managing partner of the Caracas office of Squire Sanders,
- Jonathan Hamilton, partner at White & Case,
- Timothy G. Nelson, partner at Skadden Arps
Latin Business Chronicle: Do you expect 2009 will see more Latin America-related cases filed at the ICSID? Why?
Hamilton: Yes. There previously was a wave of cases attributable to certain acts taken by Argentina. Latin American ICSID cases will continue to...