RE:ICSID decision is overdueGreat post sailor8. We can get a clue of the delay by the results of the Glencore arbitration. Glencore was awarded $19 million against Colombia in August 2019. In October Colombia made a case for annulment. I could not find if ICSID responded to that but requests for annulment usually fail. Without doubt we can expect the same thing from Colombia. Some detail on the award follows.
Other remedy: The Tribunal ordered Colombia to pay Claimants interest over the amount awarded and indemnify them with respect to any taxes. Colombia shall reimburse Claimants the costs of the proceedings and their legal expenses plus interest.US $19,000,000
Other remedy: The Tribunal ordered Colombia to pay Claimants interest over the amount awarded and indemnify them with respect to any taxes. Colombia shall reimburse Claimants the costs of the proceedings and their legal expenses plus interest.