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Congo Airways Airbus stuck at Dublin - Kinshasa alludes to «vulture fund subterfuge»
24-Aug-2015 Jeune Afrique
Pursuant to the ruling of an Irish court, Airbus A320 of Congo Airways, RDC’s new national airline company, is blocked at Dublin airport. The Congolese authorities are not excluding the hypothesis of “vulture fund subterfuge”.
Reko Diq arbitration: Can there be a settlement?
13-Aug-2015
We have been hearing news of the Pakistan government’s efforts to reach a settlement with the Tethyan Copper Company (TCC) in connection with the Reko Diq matter involving copper and gold reserves worth billions of dollars.
Analysis of foreign investment protection in Senegal’s bilateral investment treaties
29-Jul-2015 PressAfrik
Is Senegal providing a disproportionate level of protection to foreign investors through BITs?
El Salvador: “Arbitration with Pacific Rim has cost the State $12.6 million”
28-Jul-2015 El Salvador
Luis Parada, a lawyer with the law firm Foley Hoag, is optimistic that the company, Pacific Rim, will not prevail in the proceedings.
Analysis: OceanaGold vs El Salvador: Foreshadowing ’trade’ under the TPP?
25-Jun-2015 TeleSur
The Central American country of El Salvador could be forced to pay US$301 million to Canadian-Australian mining multinational OceanaGold as the two face off in a World Bank investor-state tribunal with proven tendency to favor corporate interests over arguments for protecting national sovereignty, the environment, and human rights.
Singapore breaks new ground as arbitration hub
15-May-2015
The International Centre for Settlement of Investment Disputes hears its first case outside of US, France
First hearing opens over Lone Star asset sell-offs in Korea
15-May-2015
An international tribunal began hearing a multi-billion dollar case Friday that the US private equity firm Lone Star filed against South Korea’s government over tax and other disputes surrounding its asset sell-offs in Korea.
Transparency in investor-state arbitration
18-Mar-2015 Lexology
The UN Convention on Transparency in Treaty-Based Investor-State Arbitration has been opened for signature.
Socialising losses, privatising gains: How Dutch investment treaties harm the public interest
29-Jan-2015 TNI
This paper shows how (the threat of) lawsuits taken to the International Centre for Settlement of Investment Disputes and other fora, using Dutch BITs, have effectively blocked policymaking in the public interest for development in host countries.
PNG govt ordered to stop interfering in SDP
25-Jan-2015
The International Centre for Settlement of Investment Disputes has ordered Papua New Guinea’s government to stop interfering in the management of PNG Sustainable Development Program.
Seven things you should know about EU-Singapore ISDS
7-Dec-2014 FFII
Lock-in, no institutional safeguards for independence, perverse incentives, no separation of powers, automatic consent, ripe for exploitation, sovereign debt instruments included, open to the world, and a strategic mistake. Former trade commissioner De Gucht left us a Gordian Knot, writes Ante Wessels.
ConocoPhillips files for arbitration against PDVSA for contractual compensation
12-Oct-2014
ConocoPhillips announced Friday that it has filed for arbitration under the rules of the International Chamber of Commerce or ICC against Petroleos de Venezuela or PDVSA, the Venezuela state oil company, for contractual compensation related to the Petrozuata and Hamaca heavy crude oil projects.
Gold Reserve says awarded $740.3 mln in Venezuela Brisas arbitration
23-Sep-2014 Reuters
The International Centre for Settlement of Investment Disputes (ICSID) determined Venezuela must pay US-based miner Gold Reserve $740.3 million for terminating its Las Brisas gold concession, the company said on Monday.
A call for the building of an alternative legal framework to the international investment treaties
29-May-2014 Network for Justice in Global Investment
This document seeks to incorporate proposals that have for some time been in the process of elaboration by actors from civil society, social movements, academics, and legal experts.
Uruguay’s smoking laws draw tobacco fire
11-May-2014
While Uruguay has been celebrated by liberals around the world for its bold steps to regulate cannabis, with new rules taking effect this week, its similarly pioneering attempts to control smoking of another, legal plant – tobacco – has earned it powerful enemies.
Pak moves int’l forum against Turkish power firm
25-Apr-2014
The Ministry of Water and Power has approached the Washington-based International Centre for Settlement of Investment Disputes (ICSID) and challenged the jurisdiction of a tribunal which has been hearing a damage suit worth $334 million sought by a Turkish power firm, Karkey Karadeniz Elektrik Uretim (KKEU), against Pakistan.
World Bank tribunal threatens El Salvador’s development
22-Apr-2014 Al Jazeera
Last week more than 300 international and national civil society organizations wrote to the president of the World Bank, Jim Yong Kim, during its biannual meeting in Washington, denouncing the bank’s involvement in the case of Pac Rim Cayman LLC v. El Salvador.
Indonesia should withdraw from the ICSID!
2-Apr-2014 Jakarta Post
If there is dispute against the government, investors, be they foreign or local, they should bring their cases to the Indonesian judiciary or other available national dispute mechanisms.
World Bank’s ICSID rejects Venezuela "appeal" over ConocoPhillips expropriation
13-Mar-2014 Latin American Herald Tribune
In a 2-1 decision, the World Bank’s arbitration panel has rejected Venezuela’s request for "reconsideration" of its September 2013 finding that it had jurisdiction and that Venezuela was liable for the expropriation of ConocoPhillips’ investments in the Latin American nation.
East Kutai may file criminal charges against Churchill
5-Mar-2014
The local administration in East Kutai regency, East Kalimantan, has threatened to file criminal charges against British company Churchill Mining Plc for allegedly forging its mining permits to operate mine areas in the regency.