Please find all details of up and coming events, seminars, news, publications and articles from the members of 4-5 Gray's Inn Square.

Instruct Us

Register an interest in sending instructions to Chambers or call us on +44 (0)20 7404 5252.

  1. Newsletter

Decoding Arbitral Disputes: Fiscal Liability vs. Int’l Investment by Josep Galvez

In this instalment, Josep examines 𝘼𝙢𝙚𝙘 𝙁𝙤𝙨𝙩𝙚𝙧 𝙒𝙝𝙚𝙚𝙡𝙚𝙧 𝙐𝙎𝘼 𝘾𝙤𝙧𝙥. 𝙫. 𝙍𝙚𝙥𝙪𝙗𝙡𝙞𝙘 𝙤𝙛 𝘾𝙤𝙡𝙤𝙢𝙗𝙞𝙖, an arbitration ICSID case that, much like a Shakespearean drama, oscillates between high principle and procedural technicality.

The tribunal's decision, with all the gravity of a legal inquisition, turned upon the validity of waivers, the definition of protected investments, and the unforgiving rigidity of jurisdictional prerequisites. It is a salutary reminder that, in the world of investment arbitration, fortune does not favour the bold so much as it favours the meticulous. The claimants' failure to observe certain procedural formalities proved to be their Achilles’ heel, much to the benefit of Colombia, whose fiscal liability measures stood firm under international scrutiny.

To read the full article, please click here.

More articles & publications

Associated members

  1. Photo of josep-galvez-21.png
    Josep Galvez FCIArb

Awards

  • Sports Law

    - Legal 500

  • Social Housing - Midlands Circuit

    - Legal 500

  • Social Housing - London (Bar) Top Tier Set

    - Legal 500

  • Property Litigation

    - Legal 500

  • Professional Discipline & Regulatory Law

    - Legal 500

  • Planning - Leading Set

    - Legal 500

  • Mediators - Leading Set

    - Legal 500

  • Local Government - Leading Set

    - Legal 500

  • Inquests and Inquiries

    - Legal 500

  • Elections - Leading Set

    - Legal 500

  • Court of Protection

    - Legal 500

  • CMC Registered Mediators

    - Civil Mediation Council

  • Administrative and Public Law - Leading Set

    - Legal 500

  • Social Housing - Midlands (Bar)

    - Chambers and Partners

  • Social Housing - London (Bar) Top Tier Set

    - Chambers and Partners

  • Real Estate Litigation - London (Bar)

    - Chambers and Partners

  • Professional Discipline - London (Bar)

    - Chambers and Partners

  • Planning - London (Bar)

    - Chambers and Partners

  • Mediators - All Circuits

    - Chambers and Partners

  • Local Government - London (Bar)

    - Chambers and Partners

  • Election Law - London (Bar)

    - Chambers and Partners