A Bilateral Investment Treaty panel orders Spanish-Venezuelan family Garcia Armas to demonstrate financial solvency should they be required to pay costs in their case against Venezuela. Diego Gosis, partner at GST LLP in Miami and counsel to Venezuela, approves, saying that claimants can no longer enjoy a “free ride” by bringing “speculative” investment treaty claims without risk of liability if they lose.” His colleague Ignacio Torterola agrees, stating “States have the right to protect themselves against frivolous claims and to provide for the expenses incurred in defending those claims.”