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.

Seneweb | 8-Jan-2022
L’homme d’affaires Louis Claude Norland Suzor a saisi le CIRDI pour avoir été éjecté de la centrale de Sendou, où il était le principal promoteur, au profit de l’investisseur, Barak Fund.
Clyde & Co | 7-Jan-2022
Clyde & Co has successfully defeated an ICSID claim brought against the Republic of Cameroon by the Delaware-incorporated company Hope Services LLC.
DT Next | 7-Jan-2022
Britain’s Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the US to France and to Singapore, to now be entitled for about Rs 7,900 crore refund of taxes.
Romania-Insider | 6-Jan-2022
A committee attached to the Washington International Court (ICSID) definitively rejected the €1.8 bln claims of Romanian-Swedish investors Ioan and Viorel Micula.
The Hindu | 5-Jan-2022
Why has a Canadian court ordered the seizure of more than $30 million worth of AAI’s assets? How can a foreign power issue such an order?
Explique moi le commerce | 4-Jan-2022
Comment et pourquoi les multinationales peuvent-elles mettre en justice les Etats?
América Economía | 3-Jan-2022
La firma estatal chilena dijo que quiere un arbitraje para proteger el proyecto e impulsar el cumplimiento de derechos como los previstos en el Tratado para la Promoción y Protección Recíproca de Inversiones que tienen Chile y Ecuador.
La Información | 3-Jan-2022
El Ciadi ha aceptado un nuevo arbitraje entre el operador de gas y el Gobierno de Pedro Castillo, que se opone a que el grupo español traslade fuera del territorio peruano los beneficios que obtiene en el país.
The Hindu | 3-Jan-2022
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.
The Express Tribune | 3-Jan-2022
Pakistan federal govt officials tell lawmakers talks under way that may pave way for TCC’s Barrack to resume project.

0 | ... | 140 | 150 | 160 | 170 | 180 | 190 | 200 | 210 | 220 | ... | 4520