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.

Lexology | 8-Apr-2021
The Paris Court of Appeal recently issued a noteworthy decision that will likely have a significant impact on the use of the OIC Agreement, one of the largest multilateral investment treaties.
IPS | 8-Apr-2021
Private insurance corporations are suing Argentina and Bolivia for loss of potential profits as a result of the reversal of privatization of pension programs.
La Jornada | 8-Apr-2021
Las obligaciones de los Estados en los TBI. ¿Qué implica «compensar» a las empresas cuando las regulaciones o políticas en favor del interés público y nacional afectan sus ganancias esperadas?
IISD | 8-Apr-2021
Pour de nombreuses personnes affectées par l’extraction des ressources, le régime juridique désintègre, car les traités d’investissement peuvent protéger des projets qui bouleversent leur vies, leur laissant peu de chance de se faire entendre.
CIAR Global | 7-Apr-2021
Tres nuevos tribunales de arbitraje de inversiones bajo administración del Centro Internacional de Arreglo de Diferencias relativas a Inversiones (CIADI) se han formado en los últimos días: el del tercer procedimiento de anulación del arbitraje Teco Guatemala Holdings contra Guatemala, y los de las mineras SMM Cerro Verde Netherlands y Freeport-McMoRan contra Perú.
Mining Watch | 7-Apr-2021
Referring repeatedly to legal threats by Barrick Gold Corp., Prime Minister Papua New Guinea released a statement announcing that his government will be making a deal with the company in regard to the Porgera Joint Venture gold mine.
Investment Monitor | 6-Apr-2021
Investment treaties largely replaced colonial gunboats as a way to continue to exploit the resources of foreign countries.
Pulse | 6-Apr-2021
According to sources related to the Lone Star ISD, the tribunal is expected to give a final ruling on Lone Star versus the Korean government case that has dragged on for nine years within the first half.
Le Monde Arabe | 6-Apr-2021
Pour Orange, l’Irak du début des années 2010 était un marché juteux et à fort potentiel de croissance, après l’intervention américaine avait laissé un pays en ruine.
El Economista | 6-Apr-2021
Las denuncias no solo involucran al sector energético sino también al sector de telecomunicaciones, farmacéutica, alimentos y electrónica; critican que cada vez haya más obstáculos de acceso al mercado que son contrarios a los compromisos asumidos en el acuerdo.