Solicitor General Tushar Mehta has advised the government that the decision of an arbitration tribunal cannot contradict the law passed by a sovereign parliament.
Australian mining companies are increasingly using ISDS processes and are being awarded billions based on dubious calculations of potential lost profits by unaccountable international tribunals.
Most recently, Jersey has joined Hong Kong as another non-sovereign entity that negotiates its own BITs. Jersey is set to sign its first BIT with the UAE later this year.
The scope of consent to arbitration is an important issue that needs to be finally settled - not least because it could have multi-billion dollar implications for India in respect of other cases involving challenges to India’s taxation measures by foreign investors.
Près de dix ans après le début du conflit libyen, une créance d’un milliard d’euros fait toujours l’objet d’âpres batailles juridiques entre Paris, Tripoli et Koweït city.
Le Pérou, le Mexique et l’Argentine sont menacés de plaintes par des multinationales pour des mesures adoptées pendant la crise. Le Chili aussi, où un référendum pour une nouvelle constitution a lieu le 25 octobre
Cross-party MEPs called on the European Commission to be prepared to withdraw from the controversial Energy Charter Treaty, if negotiations for its modernisation fail.
Le Cirdi avait émis, en juillet 2017, un verdict rendant l’Etat tunisien responsable. Une compensation pouvant dépasser plus d’un milliard de dollars est évoquée.