Uruguay is currently facing five international lawsuits, according to the future Pro-secretary of the Presidency, Jorge Lopez, of the Frente Amplio government that will take office on March 1.
GreenX Metals Limited has confirmed its stance in defending the £252 million arbitration award granted to the company, following Poland’s recent legal challenges.
Tanzania and British developer Pennyroyal Limited could find themselves back to the International Centre for Settlement of Investment Disputes (ICSID) after talks between the two parties failed to yield an agreement.
The intersection of international investment law and domestic politics often leads to high-profile arbitration cases, with the annulment of awards frequently making headlines.
After Belarusian potash fertiliser giant Belaruskali filed a lawsuit against Lithuania to the International Court of Arbitration, Lithuania says it does not agree with the allegations.
The envisaged provisional application of the modernised ECT will allow a “coalition of willing” States to apply the modernised ECT as of 3 September 2025.