University of Virginia Library

Latin America Panels
Begin At Law School

The first two of the three panel
discussions scheduled to investigate
"Foreign Investment in Latin
America" will meet today in the
East Room of Clark Hall in the
JAG School.

The Symposium on Latin
America, co-sponsored by the Law
School's John Basset Moore Society
and the regional chapter of the
American Society of International
Law, is scheduled to hold three
panels in the next two days.

Investment Background

The first panel will meet from
10:30 until 12:30 and discuss the
"Background of Foreign Investment
in Latin America." The
discussion will be moderated by
Marion Kellogg and is to include
three men who are currently
involved in the field of Latin
American investments.

At 2:30 the symposium will
hold the second panel under the
title of "Legal Issues Raised by
Recent Property Takings in Latin
America." This topic is uniquely
current in view of recent actions of
the nations of Peru, Bolivia, and
Chile taken against American oil
interests.

President Nixon's recent decision
not to invoke the Hickenlooper
Amendment for the time
being, when the Peruvian government
seized International Petroleum's
holdings in that country and a
similar seizure by the Bolivian
government of Gulf Oil's interests,
raises the question as to how these
interests can be defended.

Conclude On Saturday

The discussions will resume on
Saturday with the final panel. The
topic Saturday will be "The Future
of Foreign Investments in Latin
America."

The symposium will end with a
moot court competition at 2
sponsored by the Association of
Student International Law Societies.
This moot court competition is
the mid Atlantic Regional of the
national Philip C. Jessup International
Law Moot Court.

The team from the Law School
will compete with students at the
Law Schools of American, Duke,
George Washington, Howard, and
West Virginia universities and the
universities of Kentucky and North
Carolina.

The students will debate the
problems of take overs of American
oil companies in Latin America.