ICSID tribunal denies Venezuela's further request to reconsider | Practical Law

ICSID tribunal denies Venezuela's further request to reconsider | Practical Law

In ConocoPhillips Petrozuata BV and others v Bolivarian Republic of Venezuela (ICSID Case No. ARB/07/30), a reconstituted tribunal considered whether it had the power to reconsider the majority decision issued in 2014, which denied Venezuela's request to reconsider its Decision on Jurisdiction and Liability issued in 2013.

ICSID tribunal denies Venezuela's further request to reconsider

Practical Law UK Legal Update Case Report 4-623-0333 (Approx. 4 pages)

ICSID tribunal denies Venezuela's further request to reconsider

Published on 16 Feb 2016International
In ConocoPhillips Petrozuata BV and others v Bolivarian Republic of Venezuela (ICSID Case No. ARB/07/30), a reconstituted tribunal considered whether it had the power to reconsider the majority decision issued in 2014, which denied Venezuela's request to reconsider its Decision on Jurisdiction and Liability issued in 2013.