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Pakistan fined Rs950 bn in Reko Diq case
14-Jul-2019 The News International
The International Center for Settlement of Investment Disputes (ICSID) of World Bank has rendered almost $6 billion (Rs950 billion) award against Pakistan in Reko Diq case.
QICDRC sign deal to become hub for dispute resolution
17-Jun-2019 Gulf Times
Qatar International Court and Dispute Resolution Center (QICDRC) on Sunday entered into a pact with a World Bank body as part of plans to enhance its profile in the global judicial system and establish itself as a hub for dispute resolution.
Argentina to pay US$320m in damages over Aerolíneas nationalisation: court
1-Jun-2019 Buenos Aires Times
The Cristina Fernández de Kirchner administration nationalised the airline in 2008, paying a symbolic one peso (30 US cents).
Letter: Gambia is about to pay half a million dollars at the International Settlement Investment Dispute Court
13-Mar-2018 Freedom Newspaper
Shocking information from insiders tells us that the authorities are about to make a payment to the International Settlement of Investment Disputes of nearly US dollars 500,000 as a prepay for the three litigations.
Ecuador adopts a new approach towards foreign investment
30-Jan-2018 Lexology
Recent declarations made by members of the newly elected government of Ecuador reveal a reversal of its predecessor’s decision to denounce and withdrawal from the ICSID Convention, as well as all of Ecuador’s bilateral investment treaties
Mexico signs the ICSID Convention
12-Jan-2018 Public Now
Mexico’s Secretary of the Economy signed theConvention on the Settlement of Investment Disputes between states and nationals of other states.
Is it time to redesign or terminate investor-state arbitration?
14-Apr-2017 CIGI
A clean break is needed to restore trust, but these stiff tests must be met.
Comment: Selling the proposal for a multilateral investment court to the world
24-Jan-2017 Borderlex
In reality, the EU’s plans are not realistic in the current international context, nor will they appease ISDS critics
Iran’s accession to ICSID: What to expect?
24-Jan-2017 EFILA
Joining the ICSID will enhance international perceptions of Iran as a welcoming country to invest.
Bear Creek Mining Corporation v. Republic of Peru (ICSID Case No. ARB/14/21) – public hearing
15-Aug-2016 ICSID
​A hearing on jurisdiction and the merits in the case will be transmitted live via internet feed from 7-14 September 2016.
Protecting the government in investor-state dispute
28-Jun-2016 The Jakarta Post
The Indonesian government is currently reviewing all its international investment treaties after previously having terminated 20 bilateral investment treaties (BIT).
Costa Rica’s request to terminate Infinito Gold’s ICSID claim: brief reflections
14-Apr-2016 Rebelión
On 24 July 2015, Costa Rica requested the termination of the arbitral proceedings that the Canadian Mining company, Infinito Gold filed with the Centre for the Settlement of Disputes between Foreign Investors and States.
South America forms alternative to free trade kangaroo courts
21-Jan-2016 Tele Sur
Experts from UNASUR met in the Uruguayan capital Montevideo in order to finalize and sign agreements regarding the proposed center for investigation of international settlement dispute cases.
The ICSID Convention enters into force in Iraq
16-Jan-2016 http://www.lexology.com/library/det...
The ICSID Convention entered into force in Iraq on 17 December 2015. This comes after Iraq signed the ICSID Convention and deposited its instrument of ratification on 17 November 2015 to become the Convention’s 160th signatory State.
Rafael Correa announces that Ecuador will assume Oxy’s “liabilities”
13-Jan-2016 El Universo
President Rafael Correa announced that Ecuador has reached a payment plan with the US oil company, Occidental (Oxy)
Abertis hauls Argentina’s new government before the World Bank on account of two motorways
22-Dec-2015 El Diario
Abertis has hauled Argentina’s Attorney General’s Treasury Office before the World Bank’s Arbitration Dispute Settlement body (known as ICSID) for freezing tariffs applied to two concessions for motorways controlled by the Spanish company in Argentina.
Investment accords - conceptual & procedural contentions
23-Sep-2015 SUNS
Particular issues and procedures in investment treaties have proved especially contentious at both conceptual and practical levels.
Gov’t accuses Marsans group of ’selling’ ICSID lawsuit to vulture fund
15-Sep-2015 Buenos Aires Herald
Litigation finance treats litigation claims as financeable assets, just like real estate or receivables
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.