We are pleased to present the fifth issue of our publication Cuatrecasas Arbitration Highlights, in which we highlight the main developments in international arbitration and their practical implications for our clients.
In the section “our jurisdictions”, our lawyers in Latin America and the Iberian Peninsula explain some of the most relevant judicial decisions and developments for our clients. In this issue, we highlight key decisions from the State Council of Colombia, the Superior Court of Justice of Madrid in Spain, a Federal Court in Mexico, the Superior Court of Lima in Peru, and the Supreme Administrative Court and the Supreme Court of Justice of Portugal. We also discuss the recent alliance between CIAM-CIAR and the Arbitration and Mediation Center of the Santiago Chamber of Commerce of Chile, the approval of a bill establishing the executive arbitration process in Colombia, and the enforcement of a performance bond in an arbitral award administered by the Lima Chamber of Commerce.
In the section "relevant cases to our practice", we look beyond our own jurisdictions and highlight foreign and international judicial decisions with the greatest impact on our international arbitration practice. In this issue, we discuss the decision of the ICSID ad-hoc committee that annulled the award in the Rockhopper v. Italy case, a decision of the United States Supreme Court on sovereign immunities, and two decisions of the Cour d'Appel de Paris and the Cour de Cassation of France regarding enforcement measures over state assets.
Finally, in the section "to be followed closely", we conclude with explanatory notes on the rectification of the arbitral award and increase in compensation owed by Peru to Enagás, the modernization of Costa Rica's arbitration legislation, the conclusions of the Advocate General of the CJEU on the compatibility of CAS awards with EU law, and the recent decision of the European Commission concluding that the enforcement of the Antin award constitutes a state aid measure contrary to EU law. In our upcoming issue, we will further address the recent decision of the European Court of Human Rights of July 10, 2025 (Semenya v. Switzerland).
We hope you enjoy reading it.