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.

Gato Encerrado | 25-Oct-2019
Peritos contratados por Enagás determinaron que el valor actualizado de los activos del Gasoducto que quedaron en manos del Estado (ductos, maquinarias, etc.) alcanza los US$ 1,980 millones.
El Confidencial | 25-Oct-2019
Una empresa estatal húngara se persona en los pleitos en Washington como aliada de los demandantes. Quiere mantener la jurisdicción del Banco Mundial frente al Tribunal de la UE.
EJIL: Talk! | 24-Oct-2019
In the end, states have the power to decide collectively what reforms to pursue, in what order and in what form. Individually, they will also have choice about which particular reform options to adopt.
EJIL: Talk! | 24-Oct-2019
This process is likely to end with a plural solution in which both models (ISDS and a permanent court), and possibly others, exist.
National Law Review | 24-Oct-2019
This case involves a dispute between TECO, an energy company incorporated in the United States, and the Republic of Guatemala, over electricity rates.
El Tiempo | 24-Oct-2019
El laudo del CIADI le ordena a Colombia devolverle 19,1 millones de dólares a esa empresa.
Ciar Global | 24-Oct-2019
Un total de 16 árbitros, entre ellos algunos de reconocido prestigio a nivel internacional, están siendo investigados por la Fiscalía peruana en el caso Lava Jato en relación con los arbitrajes que se habrían resuelto a favor de Odebrecht.
Red Carpet Courts | 23-Oct-2019
10 historias de cómo los ricos y poderosos secuestraron la justicia.
JDSupra | 23-Oct-2019
More claims from energy companies in the coming months and years, as more states enact legislation aimed at reducing reliance on fossil fuels and change incentive programs for renewable energy providers.
Rapsi | 23-Oct-2019
The Supreme Court of Russia denied a motion lodged by Ukraine demanding reconsideration of a ruling in Ukraine’s $112 million dispute with Russia’s Tatneft oil company.