News & Analysis as of

World Bank Foreign Investment

ArentFox Schiff

New ICSID Report Shows High Level of Satisfaction of ICSID Awards

ArentFox Schiff on

On June 17, the International Centre for Settlement of Investment Disputes (ICSID or the Centre) published a report on the trends in enforcement and compliance of the awards rendered by arbitration tribunals constituted under...more

White & Case LLP

Honduras ICSID Denunciation and Implications for Foreign Investors

White & Case LLP on

The International Centre for Settlement of Investment Disputes ("ICSID") has announced that the World Bank received a written notice of denunciation of the Convention on the Settlement of Investment Disputes between States...more

Bennett Jones LLP

How Canadian Investment Can Help Rebuild Ukraine

Bennett Jones LLP on

Attending the Rebuild Ukraine Business Conference in Toronto last week was an enriching experience. The conference aimed to foster collaboration, investment, and trade ties between Canadian and Ukrainian businesses by...more

White & Case LLP

The future of US-Latin America trade relations: What can we achieve in the next few years?

White & Case LLP on

While the Washington Consensus policies resulted in seven years of economic growth in the 1990s, the years that followed brought about a period of recession and stagnation - 71% US trade with Latin America is dominated...more

Pillsbury Winthrop Shaw Pittman LLP

Financial Services: What’s Next Under the Biden Administration?

Pillsbury partner and Public Policy group leader Elizabeth Vella Moeller recently sat down with Matthew McGuire, former Executive Director of the World Bank under President Obama, to discuss the Biden administration’s...more

White & Case LLP

Africa Focus: Autumn 2020 - World Bank and African Development Bank increase their financing and anticorruption enforcement

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Pay attention to sanctions and debarment risks amid new COVID-19 financing opportunities. In recent weeks, the World Bank, the African Development Bank (AfDB) and other multilateral development banks (MDBs) have greenlit...more

Akin Gump Strauss Hauer & Feld LLP

Red Notice Newsletter - August 2018

ANTICORRUPTION DEVELOPMENTS - $34 Million SEC Settlement for Legg Mason - On August 27, 2018, the Securities and Exchange Commission (SEC) announced that Legg Mason Inc. will pay more than $34 million to settle an...more

Holland & Knight LLP

Recent Debarments Highlight Growing Risk of Sanctions By Multilateral Development Banks

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• Companies that operate globally face substantial risks associated with activities funded by multilateral development banks (MDBs). • Several recent debarment actions by the World Bank highlight those risks. • To...more

Dorsey & Whitney LLP

Mexico Signs the ICSID Convention that Protects Foreign Investors

Dorsey & Whitney LLP on

On January 11, 2018, the International Centre for Settlement of Investment Disputes (ICSID) of the World Bank in Washington D.C. announced that the United Mexican States' Secretary of the Economy, Ildefonso Guajardo...more

Jones Day

With Mugabe's Departure, Should Foreign Investors Reconsider Zimbabwe?

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The Situation: In November 2017, Robert Mugabe, the only leader Zimbabwe had known in 37 years, was ousted from power. The Development: Will this change in leadership usher in a new era of good governance and economic...more

Akin Gump Strauss Hauer & Feld LLP

Red Notice Newsletter - November 2017

ANTICORRUPTION DEVELOPMENTS – SBM Offshore N.V. Agrees to Pay $238 Million to Resolve DOJ FCPA Enforcement Action - On November 29, 2017, SBM Offshore N.V. (SBM), a Netherlands based company specializing in the...more

Jones Day

Vietnam Directs Divestment of State-Owned Enterprises

Jones Day on

The Situation: Vietnam, like other developing countries, is challenged by the prominence of state-owned enterprises throughout its economy. The Development: The Vietnamese government has directed that state ownership in a...more

WilmerHale

Enforcing arbitral awards in Sub-Saharan Africa--Part 1

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Arbitration analysis: In Part 1 of this series, Steven Finizio, Danielle Morris and Katherine Drage of Wilmer Cutler Pickering Hale and Dorr LLP explore the importance of enforcement of arbitral awards to those investing in...more

K&L Gates LLP

The Islamic Development Bank Assisting Private Sector Growth in Africa

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Over the past decade, six out of the 10 fastest growing economies in the world have been located in Sub-Saharan Africa. With the continent continuing to derive benefit from increased stability and the growth of civil...more

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