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ECT


Most EU countries to terminate intra-bloc bilateral investment treaties
22 of the 28 EU nations have committed to terminate their bilateral investment treaties and use their influence as home states and respondent-states to notify tribunals of the non-arbitrability of intra-EU bilateral investment treaties and Energy Charter Treaty claims.
Arbitration against the Kingdom of Spain: final award
The net award for Athena Investments amounts to approx. EUR 11M.
How the lobbies used the threat of ISDS to neuter the Hulot Act
The documents highlight for the first time the pressure placed on the French parliament by a foreign company’s threat to use the ISDS mechanism.
US arbitration court can rule on Vattenfall’s German nuclear claim
A US arbitration court has rejected a German government petition that said the panel had no right to rule on a damages claim by Sweden’s Vattenfall. Berlin cited a ruling by the Court of Justice of the European Union.
One Treaty to rule them all
The ever-expanding Energy Charter Treaty and the power it gives corporations to halt the energy transition.
Spain loses its third millionaire arbitration award for the reduction of renewables
ICSID imposes a fine of 64.5 million euros for a claim by a fund of the state of Abu Dhabi.
Germany says Vattenfall has no grounds to seek arbitration over nuclear phase-out
Swedish utility Vattenfall has no legal grounds to ask a US arbitration court if it can claim 4.7 billion euros from Berlin for forcing it to halt nuclear production, the German government has said.
Spain to pay compensation to renewables investors
In a second international ruling against retroactive cuts in renewables support introduced by the Spanish government in 2013, a Swedish arbitration panel has awarded a Luxembourg-based investment firm €53 million compensation.
Kazakhstan’s frozen billions sound alarm for sovereign funds
The case is one of several brought to courts in Europe by Moldovan businessman Anatolie Stati who is attempting to force the Kazakh government to pay up in a dispute about his energy investments in the oil-rich country.
When climate leaders protect dirty investments
Much of the problem can be traced to bilateral investment treaties and investment rules embedded within broader trade pacts.
Spain loses first arbitration claim over cuts to renewable energy subsidies
Spain has lost its first international arbitration process over cuts to renewable energy subsidies
German utilities win compensation for nuclear phaseout
Germany’s highest court has ruled in favor of three power companies in a dispute over a government decision to phase out nuclear energy. Vattenfall is also suing at the International Center for Settlement of Investment Disputes (ICSID).
CEZ seeking hundreds of millions of euros from Bulgaria in arbitration
Czech utility CEZ has launched arbitration seeking hundreds of millions of euros from Bulgaria for failure to protect its energy investments
KazMunayGas companies issue notice of investment dispute to the Government of Romania
The arbitration dispute concerns the treatment applied by the Romanian authorities to the investments performed by KMG and KMGI in their Romanian subsidiaries.
Dutch court overturns $50 billion ruling against Russia in Yukos case
In a major victory for the Russian government, a Dutch court overturned an award of more than $50 billion to former shareholders of the defunct oil company Yukos.
French court rules in favor of Russia’s Roscosmos in Yukos assets seizure case
Russian space agency Roscosmos has won a court action in France concerning $700 million in payments owed to the company, which were seized by French authorities.
Court rules in favour of Spain in suit against renewable energy cuts
An international arbitrator threw out claims from two investors protesting against Spain’s 2010 cuts to renewable energy subsidies, setting a potential precedent for other lawsuits pending.
Why we should all be worried about our BITs – or at least what foreign investors are doing with them
Britain’s role, not just with TTIP, seems to be that of facilitating and encouraging excessive corporate power over governments all around the world.
The rise in arbitration claims filed by renewable energy investors under the Energy Charter Treaty
The number of claims filed by renewable energy investors under the Energy Charter Treaty (ECT) has risen significantly.