Peteris Pildegovics and SIA North Star argued that Norway had violated the BIT between Latvia and Norway in relation to alleged investments of the claimants in snow crab harvesting licenses and harvesting vessels.
Tidal is threatening legal action against the whole country of Norway, which is certainly one way to deal with allegations that you fiddled the figures on a Beyonce record.
The Norwegian government has put a pause on ’free trade’ talks given the Trudeau government’s demand for an investor-state dispute settlement (ISDS) provision in the Canada-European Free Trade Association (EFTA) agreement.
Norway’s Telenor will seek ’compensation for all investment, guarantees and damages’ if the Indian government fails to sort out issues related to its licence cancellation within the next six months, the company said.
The International Centre for Settlement of Investment Disputes (ICSID) has ruled in favor of the State of Hungary in a case brought against it by Norwegian telco Telenor, business daily Világgazdaság reported on Monday.