Cairn Energy has offered to invest the entire award money in India, which includes the principal amount of $1.2 billion and interest of $500 million if the government agrees to enforce the award.
Un tribunal de la CPA desestimó las objeciones jurisdiccionales presentadas por India y concluyó que dicho país incumplió con el estándar de TJE bajo el TBI entre India y el Reino Unido. El caso fue iniciado por Cairn Energy.
Un tribunal arbitral a rejeté les objections à la compétence de l’Inde et conclu que le pays avait violé la norme TJE du TBI Inde-Royaume-Uni, dans un arbitrage lancé par Cairn Energy.
A PCA tribunal dismissed India’s jurisdictional objections and found it in breach of the FET standard in the India–UK BIT in an arbitration under UNCITRAL rules initiated by Cairn Energy.
The International Center for Settlement of Investment Disputes (ICSID) in Washington will start hearing a lawsuit filed by French energy group Veolia against the Lithuanian state.