A New York-based energy company is asking the Ontario Superior Court to enforce a $28-million award against the Canadian and Ontario governments that it received under a NAFTA arbitration.
What does Mr. Trump think about the constitution-like rights for the protection of foreign investors that are enforced via the system of investor-state dispute settlement (ISDS)?
Trump could begin with a controversial chapter of NAFTA that some experts believe allows a company to go head-to-head with a foreign country — an idea that bothers some.
NAFTA, critics say, included investment provisions that inherently created an uneven playing field, allowing corporate investors to directly sue national governments for mega-millions and ultimately sidestep domestic environmental laws.
Le règlement de différends qui opposent des États et des entreprises étrangères devrait se faire devant les tribunaux et non devant des arbitres qui officient derrière des portes closes, affirme le professeur de droit Gus Van Harten.