Canada released its “modernized and inclusive” Foreign Investment Promotion and Protection Agreement Model, sending a message that it intends to continue to provide international dispute resolution protections to foreign investors.
For the Advocate General , the award must be subject to a comprehensive review of the award in light of EU law and the arbitration agreement must not violate the principle of equal treatment.
Devas (Mauritius) Ltd, Telcom Devas Mauritius Ltd and Devas Employees Mauritius Pvt. Ltd are seeking to enforce an international arbitration award they had won in 2015.
The government of Turkmenistan has won $500 million claim brought before the International Centre for Settlement of Investment Disputes by a Turkish construction company.
The inaugural meeting of the dispute settlement body of the AfCFTA signals the readiness of this infrastructure to take up any disputes that may arise in the course of trading amongst the member States.
US commodity trader Gerald Group will pay Sierra Leone $20 million and cede a 10% stake in an iron ore project as part of the resolution to a nearly two-year dispute that led to the shutdown of production.
America Movil said the World Bank’s ICSID tribunal has ruled against the company in its dispute with Colombia and ordered it to pay $2.2 million to cover the costs of the case.