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.

Connaissance des Energies | 7-Dec-2020
La Cour suprême des Pays-Bas a statué que les ex-actionnaires de l’ancien groupe pétrolier Ioukos pouvaient continuer à poursuivre la Russie pour 50 milliards de dollars d’indemnisation, en attendant un jugement définitif dans une longue saga juridique.
The Moscow Times | 7-Dec-2020
The Netherlands’ top court ruled that shareholders in dismantled oil giant Yukos can continue to pursue Russia for $50 billion in compensation pending a final judgement in a long legal saga.
Mining Watch | 4-Dec-2020
Barrick is offering the government of Papua New Guinea to pause legal proceedings upon signing of a framework agreement to reverse the decision not to grant it a licence renewal for its former Porgera mine.
EU Observer | 4-Dec-2020
The European Commission has confirmed for the first time that Brussels could withdraw from the controversial Energy Charter Treaty (ECT), which critics say shields the fossil-fuel industry.
CIAR Global | 2-Dec-2020
Un tribunal internacional del CIADI ha rechazado los argumentos de Colombia en el intento por declarar falta de jurisdicción en el arbitraje que mantiene con la minera canadiense Gran Colombia Gold y que invoca el incumplimiento del Tratado de Libre Comercio Canadá-Colombia (TLC).
CIAR Global | 1-Dec-2020
La Corporación Nacional del Cobre chilena (Codelco) ha notificado a Ecuador su intención de acudir a arbitraje si no se cumplen los acuerdos por parte de la Empresa Nacional Minera de Ecuador, Enami EP, relacionados con el proyecto minero Llurimagua.
Pulse | 1-Dec-2020
The South Korean government has opted for an international arbitration over its longstanding dispute with Lone Star Funds after it turned down the US fund’s final $870-million out-of-court settlement proposal.
Acento | 30-Nov-2020
Asimismo, dentro de esta categoría, también debemos mencionar que el Estado dominicano ha ratificado tratados bilaterales de libre comercio como el DR-CAFTA, los cuales contienen disposiciones relativas a la protección de las inversiones y los mecanismos de resoluciones de controversias
CIAR Global | 24-Nov-2020
La patronal de las compañías aseguradoras estadounidenses ha advertido a Chile del posible recurso a mecanismos incluidos en el Tratado de Libre Comercio Estados Unidos-Chile ante el cambio de la normativa que influye a las compañías de seguros que trabajan en el mercado chileno.
CIAR Global | 24-Nov-2020
La Corporación Nacional del Cobre chilena (Codelco) ha notificado a Ecuador su intención de acudir a arbitraje si no se cumplen los acuerdos por parte de la Empresa Nacional Minera de Ecuador, Enami EP, relacionados con el proyecto minero Llurimagua

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