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.

Le Soir | 5-Feb-2021
Le géant allemand de l’énergie RWE réclame à l’Etat néerlandais une compensation à son projet d’interdire la production d’électricité à l’aide de centrales au charbon. L’entreprise estime qu’elle pourrait subir 1,4 milliard d’euros de dommages.
45 Secondes | 5-Feb-2021
L’Alberta, le cœur pétrolier du Canada, pourrait demander une compensation aux États-Unis après que le président nouvellement investi, Joe Biden, ait déménagé pour réparer le pipeline Keystone XL.
Australian Financial Review | 4-Feb-2021
Google and Facebook could sue the government for billions of dollars over a proposed law to force the digital giants to pay publishers for displaying news content, by seizing on investment clauses in the Australia-Singapore trade agreement.
Euractiv | 4-Feb-2021
The European Union and its member states should draw the consequences of the current stalemate in multilateral talks aimed at reforming the Energy Charter Treaty and consider a coordinated withdrawal, Paris has said
CAN Europe | 4-Feb-2021
RWE has filed an arbitration claim against the Netherlands, seeking compensation for the Dutch decision to phase-out electricity production from coal by 2030.
Reuters | 3-Feb-2021
Six banks have agreed not to take legal action against Croatia over its conversion of Swiss franc loans into euros in 2015 at the lenders’ expense.
CIAR Global | 2-Feb-2021
La minera australiana Berkeley estaría dispuesta a acudir al arbitraje contra España por su proyecto de mina de uranio en el campo de Salamanca que se vería frustrado ante la ley sobre el cambio climático. La compañía reclamará alrededor de 500 millones de de euros por las inversiones en el proyecto.
CIAR Global | 2-Feb-2021
El 25 de enero de 2021, el tribunal del arbitraje de las energéticas alemanas Baywa ha emitido su laudo final en el que condena a España al pago de 22 millones de euros por daños y perjuicios en la inversión en renovables de las compañías.
European Commission | 1-Feb-2021
The EU and Canada adopted four decisions putting in place the Investment Court System provisions agreed in the EU-Canada Comprehensive Economic and Trade Agreement (CETA).

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