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.

Global Legal Chronicle | 9-Apr-2021
The Paris Court of appeal set aside the arbitral award issued in the dispute Oschadbank v. the Russian Federation, finding that the tribunal lacked temporal jurisdiction.
The East African | 9-Apr-2021
Indiana argues that expropriation of its nickel project breached the investment agreement signed by Tanzanian, British and the Northern Ireland governments.
Investment Monitor | 8-Apr-2021
From colonisation to investor-state dispute settlements, rich countries have sought to exploit and influence their poorer counterparts for centuries, but how did globalisation in its current form come to be?
Lexology | 8-Apr-2021
The Paris Court of Appeal recently issued a noteworthy decision that will likely have a significant impact on the use of the OIC Agreement, one of the largest multilateral investment treaties.
IPS | 8-Apr-2021
Private insurance corporations are suing Argentina and Bolivia for loss of potential profits as a result of the reversal of privatization of pension programs.
La Jornada | 8-Apr-2021
Las obligaciones de los Estados en los TBI. ¿Qué implica «compensar» a las empresas cuando las regulaciones o políticas en favor del interés público y nacional afectan sus ganancias esperadas?
IISD | 8-Apr-2021
Pour de nombreuses personnes affectées par l’extraction des ressources, le régime juridique désintègre, car les traités d’investissement peuvent protéger des projets qui bouleversent leur vies, leur laissant peu de chance de se faire entendre.
CIAR Global | 7-Apr-2021
Tres nuevos tribunales de arbitraje de inversiones bajo administración del Centro Internacional de Arreglo de Diferencias relativas a Inversiones (CIADI) se han formado en los últimos días: el del tercer procedimiento de anulación del arbitraje Teco Guatemala Holdings contra Guatemala, y los de las mineras SMM Cerro Verde Netherlands y Freeport-McMoRan contra Perú.
Mining Watch | 7-Apr-2021
Referring repeatedly to legal threats by Barrick Gold Corp., Prime Minister Papua New Guinea released a statement announcing that his government will be making a deal with the company in regard to the Porgera Joint Venture gold mine.
Investment Monitor | 6-Apr-2021
Investment treaties largely replaced colonial gunboats as a way to continue to exploit the resources of foreign countries.