LAWYERS ADVISE ON RESPONSE TO KENYA METAL MINING LICENSES SETBACK
August 1st, 2013
Foreign mining companies may have a range of options to claim compensation against Kenya for revoking mining licenses granted between January 14 and May 15 and introducing new drilling charges and/or royalty schemes, leading arbitration law experts advise.Lawyers at US-based international law firm King & Spalding say companies with investments whose licenses were cancelled earlier this month and/or whose revenues are hit by new charges and/or royalties may be able to claim through international investment arbitration tribunals.Kenya has bilateral investment ...
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