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.

CCPA | 5-Aug-2015
The failure of Canadian ISDS policy at home and abroad.
Lexology | 5-Aug-2015
The Polish Parliament has just passed a new law restricting investment in certain strategic Polish companies, which raises the risk of potential Bilateral Investment Treaty claims
Bloomberg | 4-Aug-2015
A provision in the North American Free Trade Agreement would let the Canadian company TransCanada Corp. recoup some of the $2.4 billion spent on its Keystone XL project
War on Want | 3-Aug-2015
A spokesperson for the company Eurotunnel has revealed that the UK and French governments were required by a private arbitration tribunal to pay out nearly 24 million euros for failing to provide adequate security around the entrance to the Channel Tunnel between 1999 and 2002.
MiningWatch Canadá | 31-Jul-2015
Organizaciones de la sociedad civil reciben con satisfacción el anuncio que Infinito Gold desistirá de su tortuosa intención de construir una mina en Costa Rica a pesar de la clara oposición del pueblo costarricense y los repetidos fallos en su contra.
Público | 30-Jul-2015
La Asociación Transatlántica para el Comercio y la Inversión entre EEUU y la UE (ATCI) o TTIP por sus siglas en inglés, trasciende las históricas implicaciones de los Tratados de Libre Comercio (TLC).
Financial Review | 29-Jul-2015
Australian Trade Minister Andrew Robb says he won’t sign off on investor-state dispute settlement in the Trans-Pacific Partnership "until we’re satisfied that there’s a carve out for public policy on health and the environment,"
PressAfrik | 29-Jul-2015
Is Senegal providing a disproportionate level of protection to foreign investors through BITs?
El Salvador | 28-Jul-2015
Luis Parada, a lawyer with the law firm Foley Hoag, is optimistic that the company, Pacific Rim, will not prevail in the proceedings.
El Salvador | 28-Jul-2015
El abogado de la firma Foley Hoag, Luis Parada, es optimista en que la empresa Pacific Rim, no ganará el litigio en el que exige a El Salvador $314 millones por no darle la concesión para extraer metales del subsuelo. Habla del avance y consecuencias que ha tenido este arbitraje para el país.