Developing nations are compelled to adopt legal frameworks favoring multinational seed companies, often through trade agreements and regional protocols that serve imperialist interests and control over the economies of the Global South.
The President of the Republic of Honduras today signed the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, also known as the ICSID Convention.
The agreement includes the “mutually satisfactory settlement” of all claims related to OPL 245 and the termination of an international arbitration procedure, the Italian energy major said.
Spain cannot claim immunity to stop a multimillion-euro award over cuts to renewable energy incentives being registered in Britain, the UK’s top court ruled, limiting states’ ability to claim immunity in disputes with investors.
The submission recommends that Bilateral Investment agreements with Hungary, Poland, Czechia, Lithuania and Romania should be terminated without sunset clauses, which preserve existing investor rights to sue after agreements are terminated.
The Canadian company Lupaka Gold sued Peru before the District Court of Columbia in the United States to enforce an ICSID arbitration award from June 2025 for around US$69 million.
Former Yukos investors can seek to enforce an arbitration award against Russia now worth more than $65 billion over the seizure of the defunct oil group, London’s High Court ruled.
Orca announced three arbitrations at the CSID: one under the Mauritius–Tanzania Bilateral Investment Treaty, and two under the PSA and GA. The claims-valued at roughly US$1.2 billion-allege Tanzania failed to extend the development licence, prolonged the “Protected Gas” regime beyond its contractual term.