Gabriel Resources will have to wait until late 2019 to find out whether Romania will have to pay it $4.4 billion in alleged losses related to the company’s Rosia Montana gold and silver project.
A Federal Court ruling in favour of an American company that is seeking millions in damages from Canada has prompted environmental groups to renew their calls for Ottawa to push to scrap the NAFTA Chapter 11 investor-state dispute resolution system during the ongoing free trade renegotiations with the United States and Mexico.
Environmental law experts are concerned about the broader implications of a recent federal court dismissal of Canada’s application to overturn a NAFTA tribunal ruling.
Since 1973, the sovereign islands of the Caribbean Sea, have concluded over 140 international investment agreements. The ICSID Convention is in force in all islands except Antigua & Barbuda, Cuba, Dominica, and the Dominican Republic.
ISDS is not only an unwelcome tool that allows multinational corporations to put pressure on public interest decision-making, it is also incompatible with EU law.
Le fonctionnement des tribunaux d’arbitrage, à travers l’exemple de Dubrovnik, ville croate sur laquelle une entreprise néerlandaise souhaitait construire un Golf.
In September 2017, the investor filed a €500 million ISDS claim against the Republic of Croatia at an arbitration tribunal because the "state [had taken] away their development licences"
Environmental groups in court to intervene in NAFTA tribunal overstep NAFTA tribunal exceeded its jurisdiction when it made determination on what a Canadian environmental assessment panel can decide, groups say.