Costa Rica’s state-owned refining company RECOPE signed a $1.5 billion with China's state-owned oil and gas company CNPCI, which ran into legal problems and ended in ICC arbitration. (Photo: RECOPE)
Latham & Watkins arbitration lawyers John Adam and Fernando Mantilla-Serrano (Global Co-Chair of the International Arbitration Practice).
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Thursday, December 5, 2019
Legal Briefs
Latham & Watkins Secures Costa Rica Victory
Latham secures ICC victory for Recope vs China’s CNPCI.
BY LATINVEX STAFF
Latham & Watkins has secured an important victory for Costa Rica’s state-owned refining company RECOPE in a politically sensitive International Court of Arbitration (ICC) arbitration against China's state-owned oil and gas company CNPCI.
Keywords: Arbitration, China, Costa Rica, Energy, ICC, Latham & Watkins
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