Litigator of the Week runners-up and shout-outs: White & Case secures US$380 million ICSID arbitration award for Telefónica S.A.

The American Lawyer's Litigation Daily recognized a team led by White & Case international arbitration partner Rafael Llano for securing a US$380 million award for Spanish telecommunications company Telefónica S.A. in an ICSID arbitration against the Republic of Colombia.

The arbitration, which concerned the Colombian government's actions affecting the country's telecom concessions, was brought under the Spain-Colombia Bilateral Investment Treaty and is the largest investment arbitration award involving the Republic of Colombia.

The White & Case team also included partners Juan Manuel de Remedios, Marièle Coulet-Diaz, local partner Ignacio Madalena in Madrid. International law clerk Paulo Maza Moreno assisted on the matter.

Read the full article here.

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