Quinn Emanuel Urquhart & Sullivan, LLP (JD Supra Venezuela)

García’s Green Light to Dual Nationals in Investor-State Arbitration. The decision in Serafín García Armas v. República Bolivariana de Venezuela, PCA Case No. 2013-3, Decision on Jurisdiction (Dec. 14, 2014) touches on a very interesting question that will surely see greater discussion and debate within the investment dispute settlement community in the years to come. That question is whether an...

Accounting for “Country-Risk” in Assessing Damages in Investor-State Arbitration: Gold Reserve Inc. v. Bolivarian Republic of Venezuela, ICSID Case No. ARB(AF)/09/01, Award (Sept. 22, 2014). The careful treatment of the parties’ valuation submissions in this Award provides valuable insight into the approach to valuation of natural resource assets in the context of investor-state arbitration.