investor-state disputes | ISDS
26-May-2015 El Ciudadano A pocas semanas de que los eurodiputados decidan el destino del Tratado Transatlántico de Comercio e Inversión, el secretismo impuesto en torno al texto sigue generando inquietud entre la ciudadanía.
24-Feb-2014 Farm Weekly
The Korea-Australia Free Trade Agreement (KAFTA) opens up the potential for Korean-domiciled corporations to sue Australian governments - federal, State and local - over decisions that a company believes to have unfairly affected investments they have made in Australia.
Les multinationales pourront intenter des procès à un État membre si ce dernier promulguait de nouvelles lois sur l’environnement allant à l’encontre des « attentes légitimes » des entreprises, selon un chapitre de l’accord commercial entre l’UE et le Canada signé en novembre dernier.
Karkey Karadeniz Electricity Production Corporation (Karkey) has filed a memorial to the World Bank’s International Centre for Investment Disputes (ICSID) claiming $2.1 billion damages against government of Pakistan.
Multinationals will have wide-ranging powers to sue EU states that enact health or environmental laws breaching their "legitimate expectations" of profit, according to a leaked ‘investment chapter’ from the Canada-EU free trade agreement. A separate ‘nature and scope’ document for EU-US free trade talks, which EurActiv has seen, makes clear that similar parameters are foreseen for TTIP.
New report from the Heinrich Boell Foundation reviews the implications of an investor-state dispute settlement provision in TTIP for environmental policies and standards
5-Feb-2014 Business Day
A stir greeted last year’s announcement by the South African government that it would not be renegotiating bilateral investment agreements with major trading partners such as the EU. However, it now seems as if a lot of dust has settled around the Promotion and Protection of Investment Bill, which is set to replace the agreements.
4-Feb-2014 Stock Market Wire
UK power generator Rurelec has won an historic Bolivian compensation award worth $35.5m, the first granted by an international court against Bolivia.
2-Feb-2014 Fraud Intelligence
Investor corruption, bilateral investment treaties and international arbitration: Bribery at centre of failed investor claim
By losing its rights under a bilateral investment treaty against a sovereign due to corruptly securing its investment, Metal-Tech marks a seemingly growing trend of bribery playing a critical role in international investment arbitration disputes.
Critics score against extreme corporate rights in TTIP, but must not be fooled by the Commission’s tricks
This week, the European Commission announced a freeze in negotiations over dangerous corporate rights in the proposed EU-US trade deal (Transatlantic Trade and Investment Partnership, TTIP) and that it would conduct a public consultation on the issue.
25-Jan-2014 The Nation
Activists are challenging rules that grant corporations the right to sue governments, write Robin Broad and John Cavanagh
The chief trade negotiators of the US and the European Union admitted obstacles to a trans-Atlantic free trade agreement, but said a European decision to open public consultations over proposed procedures to settle investment disputes wouldn’t delay the accord.
Transnational Dispute Management examines various proposals for the reform of ISDS.
Ecuador’s hopes of winning a legal struggle against US oil supermajor Chevron Corp. pertaining to a multi-billion-dollar pollution judgment rest on the degree of "global solidarity" with the Andean nation, Foreign Minister Ricardo Patiño said Wednesday.
22-Jan-2014 Indian Express
India’s bilateral investment treaty arbitration must be made more transparent.
EU trade commissioner Karel de Gucht pledged to release a proposed negotiating text of the investment chapter of any deal in March.
La Comisión Europea suspendió hoy en parte las negociaciones de libre comercio con Estados Unidos, según anunció el comisario de Comercio, Karel de Gucht, que explicó que en los próximos tres meses habrá que realizar una consulta sobre unas polémicas cláusulas para proteger las inversiones de las empresas.
Perhaps because so many countries in the region have faced multiple international investment arbitrations based on multi-million dollar claims for compensations, a number of alternatives to the current system of investment dispute resolution have been drawn up.
Given the substantial problems with the current ICSID framework and the large number of cases currently pending against Argentina, denouncing the SID Convention and leaving the ICSID is the best course for the country.
Seattle to Brussels Network analysis of the European Commission’s note on “Investment Provisions in the EU-Canada free trade agreement”
21-Jan-2014 The Independent
The European Commission is to rethink its approach to a controversial US trade deal which campaign groups in the UK have warned would fundamentally erode Britain’s sovereignty.