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Panama agrees $26m payment to settle dispute with US miner
Mining.com | 28-Nov-2024
Panama has agreed to pay $26 million to settle a dispute with Dominion Mineral Corp. after losing an arbitration award in 2020 over the US mining company’s copper-gold exploration licences.
keywords: investor-state disputes | ISDS , mining , Panama , US
Colombia to renegotiate arbitration issues of FTAs with the US and UE
Prensa Latina | 25-Nov-2024
Colombia’s President said that Colombia will try to renegotiate the Free Trade Agreements with the European Union and the United States, concerning arbitration prerogatives based on national law.
keywords: Colombia , EU , investor-state disputes | ISDS , US
Third-party funder is the only winner in Odyssey Marine Exploration’s suit against Mexico
Inequality.org | 21-Oct-2024
The country will likely have to pay over $30 million to an American litigation firm because it wanted to protect its environment from harmful seabed mining.
keywords: environment , investor-state disputes | ISDS , Mexico , mining , NAFTA | USMCA , US
Mexico loses phosphate mining lawsuit in controversial arbitration process
Mongabay | 27-Sep-2024
Odyssey Marine Exploration, a deep-sea mining company based in Florida, sued Mexico after rejecting environmental permits for a phosphate mining project off the coast of the state of Baja California Sur.
keywords: environment , investor-state disputes | ISDS , Mexico , mining , NAFTA | USMCA , US
Odyssey Marine Exploration reports win in NAFTA arbitration case
Business Wire | 18-Sep-2024
The award orders Mexico to pay US$37.1 million for breaching its obligations under NAFTA, plus interest.
keywords: investor-state disputes | ISDS , Mexico , mining , NAFTA | USMCA , US
The for-profit city that might come crashing down
New York Times | 29-Aug-2024
The dream of Próspera, founded by a US corporation off the coast of Honduras, was to escape government control. The Honduran government wants it gone but Próspera filed an astronomical $10.775 billion lawsuit against the state.
keywords: CAFTA , Honduras , investor-state disputes | ISDS , sovereignty | democracy , US
State lawmakers urge US exit from toxic ISDS mechanisms in trade deals
Common Dreams | 6-Aug-2024
"Outdated trade rules like ISDS can pose a real threat to states’ sustainable energy initiatives and the good-paying jobs they create," said one lawmaker from Maine
keywords: Central America , energy , investor-state disputes | ISDS , Latin America , US
APEP should be used to eliminate ISDS, say members of Congress, US and Latin American civil society
Public Citizen | 23-Jul-2024
Members of Congress, grassroots activists, and civil society organizations from the US and Latin America urged the United States to use the Americas Partnership for Economic Prosperity (APEP) to undo the damage of decades of corporate-dominated trade policy.
keywords: investor-state disputes | ISDS , Latin America , US
TC Energy loses $15-billion NAFTA lawsuit against US
The Monitor | 19-Jul-2024
The welcome decision shines a light on Canada’s flawed defence in similar investor-state case against Canada.
keywords: Canada , climate , energy , investor-state disputes | ISDS , NAFTA | USMCA , US
When investors subvert states
The Jordan Times | 18-Jul-2024
Imagine a scenario where a private company effectively creates and controls its own jurisdiction within a sovereign country. This company introduces its own currency, enacts laws, and establishes courts, prisons, police forces and even intelligence services.
keywords: CAFTA , Honduras , investor-state disputes | ISDS , sovereignty | democracy , US