investment | BITs
CEO, TNI, FOEE, FOEI | 24-Jun-2019
New research published today reveals the devastating consequences of the controversial Investor-State Dispute Settlement (ISDS) system
Romania Insider | 20-Jun-2019
The European Court of Justice on June 18 canceled a European Commission decision dating 2015, which established that Romania’s payment of compensation to Romanian-Swedish investors Ioan and Viorel Micula constituted illegal state aid. The European Commission also ordered the Romanian Government to recover the money already paid to the investors following an international court’s decision.
ILO | 19-Jun-2019
The Dutch government has obtained the authorisation required to start renegotiations with eight non-EU countries on its new model bilateral investment treaty and conclude new BITs with two others.
Budapest Business Journal | 17-Jun-2019
Hungary has filed to annul an award of some EUR 73 million, before interest, to French food voucher company Sodexo, granted in an arbitration ruling by the World Bankʼs International Center for Settlement of Investment Disputes (ICSID), state news agency MTI reported, citing case information on ICSIDʼs website.
South Centre | 13-Jun-2019
The EU wants to replace traditional party-appointed arbitrators with a two-tiered investment tribunal system comprised by a roster of members selected by the state parties on the treaty. This essay argues that the creation of the multilateral investment court needs to follow democratic principles in order to be legitimate.
keywords:
investment | BITs,
investor-state disputes | ISDS
AFTINET | 12-Jun-2019
A new study of trade and investment deals concluded in 2018 by UNCTAD shows that most have either omitted ISDS altogether or severely limited its scope, reports AFTINET
Euractiv | 7-Jun-2019
A confidential internal report, obtained by EURACTIV, lists the multiple failings of the Energy Charter secretariat, at a time when the treaty is undergoing a major revision process and is being used by Russia’s Nord Stream 2 pipeline in a first-time legal proceeding against the EU.
The Star | 26-Apr-2019
Kenya spends at least Sh500 million in defending a single case filed by investors at international courts under the Bilateral Investment Treaties, according to a regional trade negotiation institute.
Business Recorder | 22-Apr-2019
Pakistan government is reportedly in talks with the Turkish government and M/s Karkey for an out-of-court settlement to avert attachment of Pakistan’s properties in Europe
The Express Tribune | 16-Apr-2019
The key suspect in the rental power plants case – Laeeq Ahmed Sheikh, who is in National Accountability Bureau’s (NAB) custody, has revealed some astonishing facts.
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DAWN | 27-Feb-2020
Attorney General Khalid Jawed Khan has said that Pakistan’s foremost effort in the Reko Diq mining case is to secure annulment of the $5.9 billion penalty.
Interfax | 26-Feb-2020
Imperial Tobacco is working on available legal instruments of protection, including an international investment arbitration tribunal, to contest a fine imposed by Ukraine for anticompetitive concerted actions.
Street Insider | 26-Feb-2020
JCDecaux SA, an outdoor advertising, invited the Czech Republic to engage in discussions, as the first step in arbitration proceedings.
EN24 | 26-Feb-2020
For the Kingdom, Carlyle did not justify the existence of investments in Morocco. The American group invokes the Morocco-United States free trade agreement while the contracts with Samir concern entities based in the Cayman Islands.
All Africa | 26-Feb-2020
The case concerns a dispute submitted to the International Centre for Settlement of Investment Disputes (ICSID) on the basis of the UK-Mauritius BIT.
Medias24 | 25-Feb-2020
Pour le Royaume, Carlyle n’a pas justifié l’existence d’investissements au Maroc. Le groupe américain invoque l’accord de libre-échange Maroc-Etats-Unis alors que les contrats avec la Samir concernent des entités basées aux îles Caïmans.