AngloGold Ashanti’s decision to sue government at the ICSID over security concerns at its Obuasi concession has been described as “surprising” by private legal practitioner and former Attorney General, Ayikoi Otoo.
The U.S. Supreme Court let stand a $96 million international arbitration award issued in 2011 in favor of energy company Chevron in a dispute over the development of oil fields in Ecuador.
A small Canadian mining company has found itself at the centre of a highly charged dispute over its rights to mine for gold in a Colombian nature reserve.
More than 450 groups on Monday called on Congress to reject the Trans-Pacific Partnership (TPP) if it comes up for a vote this fall, saying the trade deal would allow fossil fuel companies to contest U.S. environmental rules in extrajudicial tribunals.
Mediation presents a credible and compelling option for both investors and states to settle disputes, disagreements and other conflicts arising from investment activities.