Serait-ce le début de la fin pour les très controversés tribunaux d’arbitrage « ISDS », ces juridictions d’exception qui traitent les litiges entre les multinationales et les Etats ?
Under international arbitration proceedings the final hearing of Cairn’s claim under the UK-India Bilateral Investment Treaty is scheduled for August 2018 in The Hague.
My prediction for CETA and TTIP is that an opinion would be a death sentence for the investment protection provisions, since they are capable of being applied to various aspects of EU law.
Shocking information from insiders tells us that the authorities are about to make a payment to the International Settlement of Investment Disputes of nearly US dollars 500,000 as a prepay for the three litigations.
The claim alleges that Cascade’s investment’s in a media services company were unlawfully expropriated by the Turkish state in the crackdown that followed the coup attempt of July 2016.