RUSSIAN attorneys have warned they will institute international arbitration proceedings against South Africa for failing to protect their client Transasia Mineral’s investment after the company was allegedly defrauded of R458 million by a local businessman.
ADP y Vinci recurrieron al CIADI para resolver su disputa con Chile sobre la disminución del tráfico aéreo y de las actividades comerciales, así como el perjuicio que les habrían causado las restricciones sanitarias, producto del Covid-19.
Two French airport companies, Aeroports de Paris (ADP) and Vinci Airports, have initiated treaty-based arbitration proceedings against Chile, invoking the Chile-France bilateral investment treaty (BIT).
The Hague based Permanent Court of Arbitration (PCA) passed its final judgment on Friday rejecting the Israel based mining company’s, Israel Chemical Limited (ICL) compensation claims filed against the government of Ethiopia.
Winshear Gold Corp. has filed a case at ICSID against Tanzania for the expropriation of the company’s retention licenses, claiming the country has breached its obligations under the Tanzania-Canada BIT.
Terminating 23 BITs is an important step for Pakistan, but if relationships with the WTO, the IMF and the World Bank remain, economic efficiency will continue to be prioritised over social justice and the rights of citizens.