Romania
BEUC | 28-Oct-2014
This case illustrates the risk that a Member State can be successfully sued by a company within ISDS for merely bringing its legislation or policies in line with EU legislation.
Les Echos | 14-Apr-2014
Un tribunal arbitral constitué sous l’égide du CIRDI condamnait l’Etat roumain à verser aux frères Micula, citoyens suédois ayant investi dans la distribution alimentaire et de boissons, le montant de 250 millions de dollars de dommages et intérêts.
Global Legal Post | 19-Dec-2013
In a victory which may have major ramifications for international law, US law firm King & Spalding has won a $250 million arbitration case for Romanian company Micula against the Republic of Romania.
| 19-Oct-2005
Romania has won at the International Court of Arbitration in Washington, the case brought by the American company Noble Ventures that contested the Romanian state actions in the privatization process of Resita Steel Plant (CSR).
Financial Times | 19-Apr-2005
Romania’s past treatment of foreign investors may soon come back to haunt its new government and an economic plan agreed with Brussels ahead of membership of the European Union. A World Bank arbitration panel, the Icsid, is expected to rule in coming weeks on a lawsuit seeking $350m (€270m, £180m) from the state brought by Noble Ventures, an American investment group.

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