Investor Sues Colombia For Payment Of $10.5M Award In Nickel Mining Dispute

( March 6, 2025, 1:39 PM EST) -- WASHINGTON, D.C. — A British investor filed a petition in District of Columbia federal court to recognize and enforce an International Centre for Settlement of Investment Disputes (ICSID) award in its favor worth more than $10.5 million against the Republic of Colombia for harming its nickel mining investment by changing applicable royalty rates, writing that Colombia has paid only a small part of the damages it owes....