The Canadian province of Alberta formally initiated a trade challenge to recover its investment in the Keystone XL oil pipeline, which was scrapped in 2021 after the United States cancelled a key permit.
The shareholders had sought the right to seize all sum or moveable property of India and/or AAI being held by the International Air Transport Association.
Le tribunal conclut en faveur d’une violation de l’accord de libre-échange Canada-Colombie et reporta sa décision sur les coûts au moment de rendre sa décision sur les dommages-intérêts.
L’entreprise TC Énergie a déposé une demande d’arbitrage en vertu des règles de l’ALENA demandant au gouvernement américain une compensation financière pour avoir annulé la construction du pipeline Keystone XL.
Developers of Keystone XL are seeking to recoup more than $15 billion in damages connected to President Joe Biden’s decision to yank a permit for the border-crossing oil pipeline even after construction began.
The court accepted Roşia Montana’s inclusion on the UNESCO heritage list as a piece of evidence, as an argument for the "bad faith of the Romanian state" invoked by the Canadian company.