El Acuerdo para la Promoción y Protección Recíproca de las Inversiones permite la transferencia libre de capitales y acceso al arbitraje internacional para la solución de controversias.
La corte arbitral del Banco Mundial dicta un laudo que obliga al pago de más de 80 millones más intereses. La reclamación se elevó por el recorte de ocho instalaciones eólicas de 333MW.
Con la delimitación del Párama de Santurbán en el 2014, la multinacional minera no pudo ejecutar su proyecto Angostura con el que pretendía extraer oro y plata.
The energy company Vattenfall is demanding compensation from the Federal Republic of Germany. The costs for the arbitration proceedings could exceed 20 million euros this year.
Despite debates about crisis in investment treaty arbitration, most emerging market economies are concluding BITs that provide for ISDS and emerging market multinational companies appear to welcome ISDS.
Australian mining company Indiana Resources has become the second company in a week to declare a dispute with the Tanzanian government over repossessed retention licences.
India has a faced a number of claims from foreign investors over the years under the BIT regime. It is presently engaged in over 20 investor-State disputes, with a number of them revolving around retrospective tax claims.