Oleg Deripaska has, in his personal capacity, served a notice of arbitration against Montenegro, claiming unlawful expropriation of his investment and related treaty breaches
Subsidiaries of Russian aluminum giant Rusal filed a claim with the ICSID, demanding Ukraine to compensate the company for the investments into the Zaporozhsky Aluminium Plant
The claimants submit that the Russian Federation breached its obligations under the Ukraine-Russia BIT by taking measures that deprived the claimants of their property.
A Dutch court found that Russia doesn’t have to pay $50 billion to Yukos shareholders. Here’s the big catch: international investment law is so complicated that Russia might have to pay anyway.
In a major victory for the Russian government, a Dutch court overturned an award of more than $50 billion to former shareholders of the defunct oil company Yukos.
Un tribunal de la Haye a reconnu que la Cour d’arbitrage de La Haye, qui a condamné la Russie à verser 50 milliards de dollars aux anciens actionnaires de la compagnie Ioukos, n’avait pas les compétences nécessaires à ces fins.
South Korean state owned power utility Kowepo has begun international arbitration proceedings against India in Singapore for not honouring a fuel supply commitment to its Maharashtra power plant.
Climate campaigners are demanding that European Union countries pull out of the treaty unless they can negotiate an end to the pact’s investor-state dispute mechanism.
Plus de 280 organisations de la société civile réclament aux États membres du Traité sur la Charte de l’énergie de mettre fin aux protections dont dispose le secteur des énergies fossiles.
We – 278 environmental, climate, consumer, development, and trade related civil society groups, as well as trade unions – believe that the ECT is incompatible with the implementation of the Paris Climate Agreement.
Civil society groups are now calling on governments to reform their investor state dispute settlement because “it is being unfairly used by investors to sue states for millions of dollars.”