The International Centre for the Settlement of Investment Dispute has advised Indiana Resources that the “Arbitral Panel” has now been formed with the first procedural hearing scheduled for the 22nd of April 2021.
In his opinion on March 3, the Advocate General shed some light on this question by arguing that ISDS in intra-EU disputes is indeed not allowed under EU law.
Free-trade agreements enable companies to sue governments if they interfere with profit-making activities, no matter how destructive. These trade deals put us in an antidemocratic straitjacket — it’s time we got rid of them.
Most international investment agreements do not exclude taxation from their scope, which means that a wide range of tax-related measures are covered by them.
Canadian mining company First Majestic Silver Corp submitted a request for arbitration based on NAFTA, due to the tax debt and its differences with the Mexican government.
An aribtral tribunal ordered Libya to pay the Al Kharafi Group $930 million in damages. The Al Kharafi Group sued the Libyan state in France too, so when Gadhafi’s A340 landed in France, they sought to have it impounded.