Corporate social responsibility provisions do not change the corporate or ethical duties of companies into enforceable legal obligations in the context of dispute settlement proceedings but they could help significantly moralize the use of treaty-based arbitration.
The federal cabinet is expected to approve supplementary grant of $ 1.37 million on to contest cases filed by M/s Karkey in courts of different countries as Pakistan’s assets abroad are facing "attachment" threat.
If the European Court of Justice applied in Opinion 1/17 the same test it used in Achmea, it would probably conclude that the CETA tribunal is not compatible with EU law.
UNCITRAL Working Group III met in Vienna from October 29 to November 2, 2018 and decided that multilateral reform is desirable to address various concerns regarding ISDS.
The very operational narratives of ICSID arbitrators inculcate an inherent bias towards foreign investors, who are overwhelmingly from European and North America.
New briefing explores potential sources of inconsistency in ISDS, from divergent interpretations of provisions to decisions inconsistent with societal objectives, and the way forward.
The Ukrainian Supreme Court refused recognition and enforcement of the emergency award in Ukraine, based on the grounds that enforcement of the emergency award would be contrary to the public policy of Ukraine