investor-state disputes | ISDS

Investor-state dispute settlement (ISDS) refers to a way of handling conflicts under international investment agreements whereby companies from one party are allowed to sue the government of another party. This means they can file a complaint and seek compensation for damages. Many BITs and investment chapters of FTAs allow for this if the investor’s expectation of a profit has been negatively affected by some action that the host government took, such as changing a policy. The dispute is normally handled not in a public court but through a private abritration panel. The usual venues where these proceedings take place are the International Centre for Settlement of Investment Disputes (World Bank), the International Chamber of Commerce, the United Nations Commission on International Trade Law or the International Court of Justice.

ISDS is a hot topic right now because it is being challenged very strongly by concerned citizens in the context of the EU-US TTIP negotiations, the TransPacific Partnership talks and the CETA deal between Canada and the EU.

Stock Market Wire | 12-Nov-2019
Aura Energy lodged a claim against Sweden to recover the losses incurred from the Haggan uranium project following the country’s decision to ban uranian mining.
MENAFN | 7-Nov-2019
ICSID dismisses lawsuit filed by Egyptian company.
Scoop Politics | 6-Nov-2019
The CTU is concerned that the "upgrade" of the New Zealand-China Free Trade Agreement has not removed the threat of investor suits against the New Zealand government.
Gestión | 5-Nov-2019
El Perú es parte de tratados internacionales en los que ha asumido obligaciones sobre promoción y protección de inversiones extranjeras.
Real Clear Politics | 5-Nov-2019
Petroceltic, a UK-based global energy company, has initiated arbitration proceedings against the Egyptian General Petroleum Corporation.
Yahoo | 5-Nov-2019
The award granted WWM over US$ 40 million in damages, in addition to a substantial portion of its legal costs incurred in the proceeding.
Business Recorder | 5-Nov-2019
The Karkey dispute between the government and a Turkish ship-based energy firm has finally been resolved due to efforts of Turkish government, Prime Minister Imran Khan said.
El Mostrador | 4-Nov-2019
Con un TPP-11 en ejercicio, incluso medidas como la que ahora propone el Presidente –congelar las tarifas de electricidad–, tendrían un costo altísimo para el Gobierno, pues cualquier corporación afectada podría recurrir a los tribunales de fantasía del TPP para pedir compensación.
Ahval | 4-Nov-2019
Ankara is in conflict with an international investment tribunal after a Turkish court has rejected a demand to halt criminal proceedings regarding a Turkish media tycoon and his family.
| 4-Nov-2019
Civil society and trade union statement to oppose the recent World Bank Court ruling against Tanzania.

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