L’américain Cobalt Energy a déclaré qu’il ferait recours à un arbitrage international contre le gouvernement angolais si celui-ci ne prolonge pas immédiatement sa licence sur deux blocs en eau profonde.
Germany’s highest court has ruled in favor of three power companies in a dispute over a government decision to phase out nuclear energy. Vattenfall is also suing at the International Center for Settlement of Investment Disputes (ICSID).
The hearing on jurisdiction, merits and quantum in Vattenfall AB and others v. Federal Republic of Germany is scheduled to take place before a three-member arbitral tribunal from Monday, October 10, 2016 through Friday, October 21, 2016.
The German federal government has admitted that an EU country’s arts policies could lead to it being sued by foreign corporations before investor tribunals under trade agreements being negotiated with Canada and the US.
The BRICS Group was born in the century XXI with renewed expectations of changes in the world order through greater participation of the Global South. However, what we have witnessed so far is the consolidation of a new/old unequal world order.