The tribunal in the first Clive Palmer ISDS case, which claimed $300 billion from the Australian government, has published its decision 10 weeks after it was announced by the government and more than a year after the original hearings.
The International Centre for Settlement of Investment Disputes has declined jurisdiction over a NAFTA legacy claim filed under CUSMA’s legacy annex by Access Business Group (Amway) against Mexico and ordered the claimant to pay $1.3M USD.
Indigenous and other Ecuadorians have lived with millions of gallons of toxic pollution from Texaco’s operations for decades. Now, those victims’ tax dollars will go to Chevron, which acquired Texaco in 2001.
celebre su derrota.
In a case concluded in November 2023, the Permanent Court of Arbitration in The Hague ordered Russia to pay $207.8 million in compensation, along with interest and arbitration costs, to Akhmetov’s company for the expropriation of its assets in Crimea.
Economic sanctions against Russia are now being challenged by Russian oligarchs and companies in private tribunals using a mechanism written into investment treaties.
Arbitral decisions under national investment laws remain far less studied than the extensive jurisprudence on treaty-based investor–State dispute settlement (ISDS) cases.
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.
The new Agreement between the Government of the Russian Federation and the Government of the People’s Republic of China on the Promotion and Reciprocal Protection of Investments formally came into effect.