Chilean electricity producer earns reprieve in hydroelectric project dispute

The dispute centres on a renewable energy project.

The dispute centres on a renewable energy project. (Credit: istock.com/Vlad_Alex)

A tribunal at the International Chamber of Commerce (ICC) has refused to order a Chilean subsidiary of AES to post bonds worth US$73 million pending an arbitration over a hydroelectric power plant. The tribunal has simultaneously overturned a decision by an emergency arbitrator that required the company to hand over certain documents.

LACCA membership is open to lawyers working in-house and directly employed at a company, who do not offer their services for a fee. Membership is free of charge. Find out more….

This content can only be accessed by LACCA members and subscribers

Become a member to access the latest news, features, member directory and receive a host of other benefits.

Alternatively, private practitioners can subscribe to news, features and surveys.

If you are a LACCA member, please login to access this content:

Law Business Research Ltd

87 Lancaster Road, London
W11 1QQ, UK

Copyright © 2018 Law Business Research Ltd. All rights reserved.

87 Lancaster Road, London, W11 1QQ, UK | Tel: +44 207 908 1188 / Fax: +44 207 229 6910

http://www.laccanet.com | editorial@laccanet.com