investor-state disputes | ISDS

Investor-state dispute settlement (ISDS) refers to a way of handling conflicts under international investment agreements whereby companies from one party are allowed to sue the government of another party. This means they can file a complaint and seek compensation for damages. Many BITs and investment chapters of FTAs allow for this if the investor’s expectation of a profit has been negatively affected by some action that the host government took, such as changing a policy. The dispute is normally handled not in a public court but through a private abritration panel. The usual venues where these proceedings take place are the International Centre for Settlement of Investment Disputes (World Bank), the International Chamber of Commerce, the United Nations Commission on International Trade Law or the International Court of Justice.

ISDS is a hot topic right now because it is being challenged very strongly by concerned citizens in the context of the EU-US TTIP negotiations, the TransPacific Partnership talks and the CETA deal between Canada and the EU.

IISD | 14-Oct-2020
Le tribunal a rejeté les recours de l’investisseur fondés sur l’expropriation, la violation de la norme de traitement juste et équitable, la violation de la norme de protection et sécurité intégrales et sur l’adoption de mesures arbitraires ou discriminatoires.
IISD | 14-Oct-2020
The tribunal rejected the investor’s claims of expropriation, breach of standard of FET, breach of standard of full protection and security, and breach of standard of non-arbitrary or discriminatory measures.
IISD | 14-Oct-2020
Le tribunal rejeta tous ces recours sur le fond, à l’exception d’un recours fondé sur le traitement national, qui, d’après le tribunal, ne relevait pas de sa compétence.
IISD | 14-Oct-2020
The tribunal dismissed all claims on merits, apart from the claim under national treatment, which was considered outside the tribunal’s jurisdiction.
Reuters | 14-Oct-2020
Eni plans to argue that the country’s failure to allow it to exploit an oilfield it acquired with Royal Dutch Shell nearly a decade ago breaches their investment agreement.
EJIL: Talk! | 13-Oct-2020
Does moving online mean more governments and more officials participate? Or does it lessen the prestige and priority of the negotiations, leading to less engagement by key officials?
IISD | 13-Oct-2020
Quinze pays défendeurs très actifs obtenant des pertes RDIE nettes représentent un total de 12,811 millions USD en résultats nets jusqu’en 2017.
IISD | 13-Oct-2020
15 highly active respondent countries with net ISDS losses cumulatively account for USD 14.8 billion in net outcomes through 2017.
IISD | 13-Oct-2020
La Tanzanie a promulgué des modifications profondes de la législation régissant les investissements étrangers dans le secteur des ressources naturelles, dans le but de débarrasser le secteur des vestiges des relations « colonialistes ».
IISD | 13-Oct-2020
Tanzania has enacted significant changes to the legislation governing foreign investment in natural resources with the aim of ridding the sector of the vestiges of “colonial” relationships.