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In talks with Tamil Nadu government to settle issues: Japanese automaker Nissan
The Madras High Court was told that the Tamil Nadu government was holding “talks” with Japanese automaker Nissan, predictably for an amicable settlement.
The English court sets aside a Tribunal’s findings of lack of jurisdiction under a BIT
The English High Court has set aside parts of an award concerning claims brought by Griffin against Poland; Poland has reserved the right to argue the compatibility of the BIT with EU law.
Final hearing in Cairn Energy tax issue in August
Under international arbitration proceedings the final hearing of Cairn’s claim under the UK-India Bilateral Investment Treaty is scheduled for August 2018 in The Hague.
Banks line up behind British government in EU trade battle
Banks and insurers lined up to back the British government’s demand that a future trade deal with the European Union must include financial services, putting them on a collision course with Brussels.
France rules out UK bid to include banks in EU trade deal
French Economy Minister rejects financial services to be part of a free-trade deal with the European Union after Brexit.
Solar wars: Part IV - The Eiser award was not a rogue one
The tribunal found that Novenergia’s investments were achieving a reasonable rate of return. However, the tribunal held that it was sufficient for the claim to succeed that Novenergia could show “quantifiable prejudice” compared with its position when it initially made its investment.
Solar wars: Part III - Return of the European Commission
On 26 December 2017, the Commission published its decision that attacked the ECT claims brought by investors against Spain (and other EU states).
Solar wars: Part II – The states strike back
One tribunal could interpret the effect of legislative provisions differently to another. So while Eiser opens up the prospect of more claims, Blusun may narrow the basis for claims.
Solar wars: Part I – A new hope for investors?
With the global financial crisis, solar power incentives schemes became unbearably costly and Spain repealed those incentives. Consequently, many investors brought arbitration claims under the Energy Charter Treaty.
How international investment agreements have made debt restructuring even more difficult and costly
Inconsistencies and even contradictions have emerged in dispute settlement decisions, sometimes at the expense of public good, sovereignty and financial and economic stability.
Congolese mines minister mum on whether controversial new code has been made law
International mining companies, which include Randgold, Glencore and China Molybdenum, have said they will challenge the new law through international arbitration, and are lobbying Kabila not to sign it.
Final arbitration hearings on India tax demand in August: Cairn Energy
Cairn commenced international arbitration proceedings against India under the UK—India Bilateral Investment Treaty in 2015.
Government opposes merger of Vodafone Group’s two arbitrations
The government has opposed Vodafone Group’s proposal to merge its two arbitration cases against India, and sought an injunction from Delhi High Court to stop the telco from proceeding with the second arbitration filed in the UK, saying it was an "abusive action".
Former regulator backs past decision on Lone Star
Lone Star was embroiled in two lawsuits at that time, and it was found guilty in one of them, he claims.
Lawyers ask for prompt decision on Lone Star case
Lawyers for a Democratic Society sent a letter to the International Center for Settlement of Investment Disputes, demanding a speedy settlement of the dispute between the Korean government and the U.S. buyout fund Lone Star Funds.
Vodafone to consolidate two international arbitrations if India agrees
Vodafone Group has said it would agree to consolidate its two international arbitrations initiated against India in connection with a tax demand of ₹11,000 crore, if the country were to agree as well.
India to oppose international jurisdiction in Tamil Nadu-Nissan row
Since the auto major has approached the Madras High Court, remedy under a treaty would now be barred, the Government said.
Moldova wins the case initiated by two Russian investors of Agroindbank
The Republic of Moldova has won the case in the international process initiated by the Russian companies Evrobalt and Kompozit in May and June of 2016, after the NBM suspended their rights and forced them to sell their shares at Moldova Agroindbank.
India’s top court allows Vodafone to initiate second arbitration over $2 bln tax demand
India’s top court allowed Britain’s Vodafone to initiate a second arbitration process under an India-UK investment pact .
EU-Japan trade agreement not compatible with EU data protection
The implicit cross-border data flow commitments do not have a sufficient safeguard. This is not compatible with the EU Fundamental rights system.