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Japanese investors sue Switzerland over Credit Suisse’s AT1 write-down, law firm says
The 184 investors filed an arbitration request with the International Centre for Settlement of Investment Disputes, or ICSID, claiming Switzerland violated a free trade agreement with Japan when wiping out the bonds in March 2023.
Banking on data
How the world’s tax havens became the data centres for the digital economy.
Korea asks Lone Star to reimburse legal costs after winning annulment in investor dispute
The justice ministry has sent a letter to Lone Star requesting the private equity fund to reimburse legal costs incurred during an investor-state dispute settlement over the 2012 sale of a local bank.
Between national engine and corporate plunder: the drift of Argentina´s Fiscal Oilfields YPF
The YPF case exposes the inconsistencies of the international investment protection system, which enables large corporations to engage in predatory practices, creating severe macroeconomic problems for Argentina.
Lone Star rejects ICSID annulment, eyes new arbitration
Lone Star said it does not accept this week’s annulment ruling by the International Centre for Settlement of Investment Disputes, signaling that it could pursue a new round of arbitration against the Korean government.
S. Korea wins annulment in investor dispute over Lone Star’s sale of local bank
An international arbitration body for investor–state dispute settlement has ruled in favor of South Korea in its challenge to the award for private equity fund Lone Star over its 2012 sale of a local bank.
The curious case of S Alam and our investment treaty regime
The S Alam arbitration should therefore be seen not simply as a legal challenge but as a policy signal.
Petrogas sues the Netherlands over fiscal measures meant to protect the public interest
SOMO and Both ENDS strongly condemn the newly revealed investor-state dispute settlement case filed by Petrogas, an Omani oil and gas company operating two shallow-water gas fields in the Dutch North Sea, against the Netherlands.
S Alam files international arbitration claims over asset freeze: FT report
Mohammed Saiful Alam, founder and chairman of the controversial business conglomerate S Alam Group, has filed an international arbitration claim alleging that Dhaka’s asset recovery drive has cost his family’s business "hundreds of millions" of dollar.
Portugal’s Galp takes step to start arbitration over Mozambique capital gains tax dispute
Galp says it has formally notified the State of Mozambique of a dispute under the international reciprocal promotion and protection of investments.
Understanding digital services taxes
The US has raised a dispute about the imposition of this tax under “nondiscrimination” provisions of the US-Mexico-Canada Free Trade Agreement, alleging that these taxes are targeted at US companies.
US to investigate Brazil’s digital payment system
As Brazil’s Pix system expands and BRICS eyes a reserve currency, Trump responds with a 50% tariff and a sweeping trade investigation.
S. Korea pays compensation to US hedge fund Mason
South Korea’s government has paid US$54 million to US hedge fund Mason Capital following an investor-state dispute settlement (ISDS) ruling.
South Korea wins UK appeal over arbitration ruling in Samsung merger case
South Korea won its latest appeal in its dispute with US hedge fund Elliott over the 2015 merger of two affiliates of Samsung, shortly after the electronics group’s Chairman Jay Y. Lee was cleared by South Korea’s top court.
Victory for Trump as EU backs down on digital taxes in next budget
Shelving the plan could help EU persuade the US to give it a more favorable trade deal and comes just two months after the Commission suggested it.
AfCFTA adjustment fund credit fund commits US$ 10m in Telecel Global Services Ltd
The Credit Fund of the AfCFTA Adjustment Fund has successfully closed its first investment, committing US$10 million to Telecel Global Services Ltd, through a senior secured amortising loan. The transaction marks a significant milestone in the operationalisation of the Fund.
Croatia loses dispute, must pay 17,5 million euros to Societe Generale
Croatia has lost the multi-year arbitration dispute that the French bank Societe Generale was leading against it before the International Center for Settlement of Investment Disputes in Washington.
Trump bullies Canada on behalf of Big Tech, workers continue to lose out
Canada announced that it would drop its 3 percent digital services tax on major technology companies after President Trump announced he would be “terminating” all trade discussions with Canada because of its digital tax.
Canada rescinds digital services tax after Trump suspends trade talks
Ottawa said Prime Minister Mark Carney and President Donald Trump had agreed to resume negotiations on a trade agreement and would aim to reach a deal by July 21.
Trading away tax sovereignty? How trade rules shape taxation of the digital economy in Africa
The advent of digital and data-driven business models has heightened the risks of tax base erosion and evasion, adversely affecting revenue generation, economic recovery, and advancement of tax justice in African economies. We develop a framework examining how trade rules on services, electronic transmissions, and digital products shape the ability of African countries to tax their digital economies.