Korea has filed a suit asking a court in Britain to cancel an order by an international tribunal to pay nearly $108 million (136 billion won) to U.S.-based hedge fund Elliott Investment Management.
Air Tanzania Company Limited (ATCL) plane that was seized in the Netherlands after a Swedish firm won a $165 million award against Tanzania has been released, says the government.
The arbitration arises from Mexico’s expropriation and other treatment of Silver Bull and its investments resulting from the illegal blockade of Silver Bull’s Sierra Mojada project.
We call on you to support the Commission’s proposal for a coordinated
withdrawal of the EU and all its member states from the Energy Charter Treaty and
welcome a discussion of the ECT among energy ministers.
Clive Palmer’s Zeph Investment’s second case against Australia is a $41.3bn claim that it breached the Asean free trade agreement in relation to coal exploration permits, it has emerged.
The European Commission proposed that EU countries jointly quit an international treaty that has been criticised for blocking efforts to fight climate change because its protection of energy investments extends to fossil fuels.
In response to a call from the UN, legal experts have released a submission outlining the dangers of Investor-State Dispute Settlement on the right to a clean, healthy and sustainable environment.