Lawyer for Philip Morris’s bid to take Australia to court over cigarette laws says Australia has nothing to fear from trade deals that allow investor-state disputes
Three years ago, the government of Togo received a letter from Philip Morris International outlining how plain packaging would violate binding global and regional agreements.
The tribunal considered that the main and determinative reason for the 2011 restructuring was in order for the tobacco giant to bring a legal claim under the BIT Treaty, using a Hong Kong-based entity.