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TiSA - draft annex on financial services (Nov 2016)
From November 2016 negotiating round
Edenred S.A.: Arbitration ruling from the ICSID delivered in Edenred’s favor in Hungary
The ICSID delivered its decision in Edenred’s arbitration claim against the Hungarian State in the Group’s favor.
The ’Canadian model’: why Ceta isn’t a blueprint for Brexit
Aide’s ‘cake and eat it’ note praised the recent trade Canada-EU trade deal but there are few similarities with the UK.
Arbitration panel formed for hearing $12 bln claim lodged by tycoon Pugachev
The Permanent Court of Arbitration has formed a panel of arbitrators for considering a claim filed by Sergey Pugachev seeking $12 billion in damages
Embedding human rights into corporate tax planning
The exploitation of loopholes has become the favorite play of an organized tax avoidance industry.
India gets 6 more weeks to respond to Cairn Energy arbitration
Cairn had in June filed a 160-page Statement of Claim seeking quashing of the retrospective tax demand on a decade-old on an internal reorganisation of its India unit.
We must rethink globalization, or Trumpism will prevail
Rising inequality is largely to blame for this electoral upset. Continuing with business as usual is not an option.
ICJ rejects India’s plea for change arbitrator in Vodafone case
India had sought removal of Sir Franklin Berman as the presiding arbitrator of three-member panel.
UK raises Vodafone tax dispute; wants early resolution
Global MNCs like Cairn Energy and Vodafone have invoked Bilateral Investment Treaty and served arbitration notice to India over tax disputes. While the tax demand on Cairn Energy is Rs 10,247 crore, that on Vodafone is Rs 14,200 crore.
Addiko Bank threatening Montenegro by international arbitration because of the "Swiss"
Addiko Bank AG repeated its concern regarding the Proposal of the Amendment law for conversion of loans in Swiss francs to euros.
Croatia hit with lawsuit for franc-loan conversion law
The Croatian government is facing a lawsuit for forcing local banks to convert Swiss franc loans into euros.
TRC reaches final settlement with Orange Jordan
The Telecommunications Regulatory Commission (TRC) signed a settlement agreement with Orange Jordan, ending a dispute related to the renewal of the company’s second-generation (2G) network.
TiSA - draft annex on financial services (27 June 2016)
As leaked by WikiLeaks
Sanum Investments wins casino court fight with Laos government
The Appeal Court in Singapore ruled that Sanum has the right to seek redress under the China-Laos BIT for capital investment benefit losses.
"Let’s make them poorer, and we’ll get rich"
Financial companies have figured out how to turn a controversial global legal system to their own very profitable advantage.
Financial services liberalization in jeopardy
There are prominent dangers associated with the negotiation of IA-CEPA, particularly with the financial services liberalization.
Shell takes Malampaya tax dispute vs PH to int’l arbitration body
Shell Philippines Exploration BV has raised its tax dispute with the Philippine government before the International Centre for Settlement of Investment Disputes
Lao Holdings continues legal battle on Savan Vegas sale
Sanum Investments Ltd and its parent company, Lao Holdings NV, say they filed the latest move in a legal battle concerning the Savan Vegas Hotel and Entertainment Complex – a casino hotel in Savannakhet, Laos.