Expropriation in Colombia and Protection Mechanisms for Foreign Investors

Corporate and tax attorney Mariana Henao published an article in Asuntos Legales about expropriation. Expropriation is the process by which a government takes property from its owner for public use. Ms. Henao explains that Colombia's Political Constitution permits this act, but it must comply with strict legal and constitutional requirements, such as a legal basis and legitimate public good or social interest cause. She also highlights some Constitutional Court cases pertaining to expropriation, protections for foreign investors against a possible expropriation and preventative measures that foreign companies can take to reduce the risks associated with potential expropriations.

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