investor-state disputes | ISDS

Investor-state dispute settlement (ISDS) refers to a way of handling conflicts under international investment agreements whereby companies from one party are allowed to sue the government of another party. This means they can file a complaint and seek compensation for damages. Many BITs and investment chapters of FTAs allow for this if the investor’s expectation of a profit has been negatively affected by some action that the host government took, such as changing a policy. The dispute is normally handled not in a public court but through a private abritration panel. The usual venues where these proceedings take place are the International Centre for Settlement of Investment Disputes (World Bank), the International Chamber of Commerce, the United Nations Commission on International Trade Law or the International Court of Justice.

ISDS is a hot topic right now because it is being challenged very strongly by concerned citizens in the context of the EU-US TTIP negotiations, the TransPacific Partnership talks and the CETA deal between Canada and the EU.

The Citizen | 29-Dec-2023
Tanzania has made a commitment to pay Australian mining firm Indiana Resources Limited and its subsidiaries $118 million if the country loses in the final decision of the annulment application.
CIAR Global | 28-Dec-2023
La Secretaría de Economía mexicana ha informado de que, de mutuo acuerdo con Caisse de dépôt et placement du Québec (CDPQ) y CDP Groupe Infrastructures Inc., han decidido suspender temporalmente el procedimiento de arbitraje iniciado por ambas firmas ante el Centro Internacional de Arreglo de Diferencias relativas a Inversiones (CIADI), y registrado por su Secretaría el 15 de diciembre de 2023.
Página/12 | 28-Dec-2023
La Argentina recibió un fallo a su favor en el Ciadi por un reclamo de una empresa española, que había iniciado un juicio en 2020 contra el país por 668 millones de dólares. La defensa de la Argentina estuvo a cargo de la procuración del Tesoro.
Business World | 22-Dec-2023
Le gouvernement a stoppé une demande d’arbitrage international contre le pays déposée sur des questions d’énergies renouvelables par les fonds d’investissement canadiens Caisse de dépôt et placement du Québec et CDP Groupe Infrastructures Inc.
Junior Mining Network | 21-Dec-2023
The tribuna has extended the period to draw up and sign the award for a further 60 days. Accordingly, the Tribunal must issue the award on or before March 12, 2024.
Reuters | 21-Dec-2023
Canadian pension fund Caisse de depot et placement du Quebec and the Mexican economy ministry have temporarily suspended an international arbitration procedure to try to reach an agreement.
La Jornada | 21-Dec-2023
Por mutuo acuerdo, el gobierno mexicano y los fondos Caisse de dépôt et placement du Québec y CDP Groupe Infrastructures Inc. decidieron suspender temporalmente un procedimiento arbitral, iniciado por ambas firmas en materia energética.
Andina | 21-Dec-2023
El Estado peruano obtuvo otro triunfo en el Centro Internacional de Arreglo de Diferencias relativas a Inversiones, en el caso Maple Gas, donde Worth Capital Holdings abandonó el reclamo de 136.3 millones de dólares.
CIAR Global | 20-Dec-2023
Fondo inversor canadiense presenta un arbitraje de inversiones contra México relacionado con explotaciones energéticas.
The Express Tribune | 20-Dec-2023
Pakistan has emerged triumphant in the arbitration initiated by Tuwairqi Steel against the federation at the Permanent Court of Arbitration in The Hague, Netherlands.