Fossil fuel and mining companies are ramping up lawsuits against governments over environmental rules, using a controversial arbitration mechanism that critics say is skewed in industry’s favour and jeopardises global climate action.
On August 5, 2025, BG Overseas Limited, a subsidiary of Shell, informed Bolivia of a dispute involving its subsidiary, Shell Bolivia Corporation, as per Article 8 of the Bilateral Investment Treaty signed with the United Kingdom.
Recent agreements (negotiated in secret) also guarantee foreign corporations the rights to lobby against new laws in the name of “transparency”; guaranteed rights that iwi and hapū don’t have.
Lawsuit is the first known case under Investor State Dispute Settlement (ISDS) against the UK since 2006 proceeding to arbitration, and the first ISDS case brought against it in response to a climate policy.
Eco Oro Minerals Corp. announces it has filed an application to annul the damages award issued on July 15, 2024 awarding no monetary compensation to the company by the ICSID tribunal.
Türkiye has prevailed in an international arbitration case brought by Italian energy giant Enel S.p.A. over the 2022 cancellation of a pre-license for a solar power plant in the southwestern province of Isparta, the country’s energy regulator announced on Friday.
We consider the key changes for investors and how the treaty reflects India’s developing approach to the balancing of its regulatory rights against those of private investors.
New data on foreign arbitration claims in Honduras reveal that the lawsuits filed by corporations against the country now total $19.4 billion in legal claims, equivalent to roughly 53% of Honduras’ GDP in 2024.