The 184 investors filed an arbitration request with the International Centre for Settlement of Investment Disputes, or ICSID, claiming Switzerland violated a free trade agreement with Japan when wiping out the bonds in March 2023.
Les investisseurs reprochent à la Confédération d’avoir violé l’accord de libre-échange entre les deux pays en ordonnant la dépréciation de plus de 16,5 milliards de francs d’obligations AT1 lors du sauvetage de Credit Suisse en mars 2023.
Japanese investors will soon file a request for arbitration regarding Credit Suisse’s Additional Tier 1 bonds, under the economic partnership agreement between Japan and Switzerland.
Los servicios jurídicos del Estado contratacan encargando un informe pericial sobre la rentabilidad de las plantas energéticas en las que invirtió el demandante junto a FCC.
A written submission from Japan published by the ECT secretariat rejected language on the “right to regulate” and changes to the investor-state dispute resolution mechanism.
Japan and the U.K. are studying a plan of not including an investor-state dispute settlement (ISDS) system in the bilateral trade deal they are currently negotiating.
As ministers of the member countries of the RCEP meet for final negotiations over the trade agreement this week, regional lawmakers today expressed concern about the lack of parliamentary and public oversight of the deal, as well as its potential human rights impacts.