investment | BITs
Global Risk Insights | 25-Apr-2014
With Indonesia and a growing crowd of both emerging and developed sovereigns gradually changing the calculus of investment protection, investors may have to engage in an across-the-board rethinking of their FDI strategy.
VDB Loi | 25-Apr-2014
On 25 December 2013, Japan and Myanmar signed their first bilateral investment treaty.
| 12-Apr-2014
The Greens and independent senator Nick Xenophon have said the government will face a tough battle if it seeks to ease foreign investment restrictions.
| 6-Apr-2014
Japanese companies would be able to sue Australian governments under clauses expected to be included in the Australia-Japan free trade agreement.
Lexology | 14-Mar-2014
This is the first instance in which the US Supreme Court has interpreted a bilateral investment treaty (BIT).
TNI | 10-Mar-2014
Corporations, backed by lawyers, use international investment agreements to scavenge for profits by suing Europe’s crisis countries.
| 6-Mar-2014
For a variety of reasons, including poor management of public perceptions, the administration’s trade agenda is in trouble. Much of the public’s antipathy toward trade agreements can be boiled down to concerns about the so-called Investor-State Dispute Settlement (ISDS) provision. ISDS enables foreign investors to circumvent domestic legal processes and sue host governments in third-party arbitration tribunals for unfair or discriminatory treatment – described hyperbolically by those fanning the flames of opposition as “running roughshod over domestic laws, regulations, and sovereignty.”
| 4-Mar-2014
Pakistan has sought a 20-day extension to file its reply to the International Centre for Settlement of Investment Disputes (ICSID) against a damage claim of $2.1 billion filed by Turkish firm M/s Karkey Karadeniz Elektrik Uretim. The sources said Pakistan had to submit its reply to the international body by February 28, 2014 but it was delayed due to a change in legal firm.
| 3-Mar-2014
Several local newspapers misread the recent decision by the Washington-based International Center for Settlement of Investment Disputes (ICSID) as a verdict forcing the Indonesian government to pay over US$1 billion in compensation to the plaintiff, London-listed Churchill Mining Plc, in regard to its coal mining concessions in East Kalimantan.
| 11-Feb-2014
Karkey Karadeniz Electricity Production Corporation (Karkey) has filed a memorial to the World Bank’s International Centre for Investment Disputes (ICSID) claiming $2.1 billion damages against government of Pakistan.