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Discussions on draft provisions on damages in the investor-state dispute settlement system in UNCITRAL Working Group III
South Centre | 2-Sep-2024
This paper summarizes the discussions within the United Nations Commission on International Trade Law Working Group III on the reform of investor-state dispute settlement regarding the two draft provisions on damages.
keywords: investor-state disputes | ISDS , ISDS reform , UNCITRAL
Venezuela condenada a pagar más de 468 MUSD a favor de Smurfit
CIAR Global | 30-Aug-2024
La compañía de Países Bajos Smurfit Westrock ha anunciado el laudo del Centro Internacional de Arreglo de Diferencias relativas a Inversiones (CIADI) en su litigio con Venezuela.
keywords: ICSID , investment | BITs , investor-state disputes | ISDS , Venezuela
Smurfit Westrock awarded $469m against Venezuela by arbitration tribunal
RTE | 30-Aug-2024
Global paper producer Smurfit Westrock has been awarded a $469m arbitration ruling against Venezuela by the World Bank’s International Centre for Settlement of Investment Disputes, the company and the tribunal said.
keywords: investor-state disputes | ISDS , Ireland , Netherlands , Venezuela
Smurfit obtient 469 millions de dollars du tribunal d’arbitrage contre le Venezuela
Zone Bourse | 30-Aug-2024
Le Centre international pour le règlement des différends relatifs aux investissements de la Banque mondiale a accordé à Smurfit Westrock, producteur mondial de papier, une sentence arbitrale de 469 millions de dollars contre le Venezuela.
keywords: investor-state disputes | ISDS , Ireland , Netherlands , Venezuela
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
Panamá: Odebrecht pierde arbitraje por el aeropuerto de Tocumen
CIAR Global | 27-Aug-2024
Odebrecht ha perdido el arbitraje que mantiene con el Aeropuerto Internacional de Tocumen SA (AITSA), compañía estatal panameña, y en el que reclamaba 19 millones de dólares a través de un arbitraje iniciado en 2021.
keywords: ICSID , investor-state disputes | ISDS , Panama
Ciadi deniega a España la anulación de un laudo de 32,9 millones por recorte a renovables
Infobae | 27-Aug-2024
El Centro Internacional de Arreglo de Diferencias relativas a Inversiones (Ciadi) ha rechazado la petición de nulidad de España del laudo que reconoció a Renergy, con sede en Luxemburgo, el derecho a ser indemnizada con 32,9 millones de euros por el recorte de las primas a las renovables en 2013.
keywords: energy , ICSID , investor-state disputes | ISDS
Earth Thrive: Has Rio Tinto initiated arbitration over the Jadar project?
Mining See | 27-Aug-2024
Rio Tinto has officially notified the Serbian government about initiating arbitration proceedings concerning the halted Jadar project, under the bilateral investment treaty between the UK and Serbia.
keywords: environment , investor-state disputes | ISDS , mining , Serbia , UK
Spain suffers energy award setback in US
CDR | 26-Aug-2024
Three energy companies took a step closer to enforcing their respective Energy Charter Treaty-related arbitral awards in a US appellate court, but the saga is far from over.
keywords: ECT , energy , investor-state disputes | ISDS , Spain
Le CIRDI confirme la condamnation de l’Espagne à compenser Renergy avec 33 millions pour la réduction des énergies renouvelables
Nouvelles du Monde | 26-Aug-2024
Le CIRDI a confirmé la sentence par laquelle il condamne l’Espagne à compenser Renergy avec 32,9 millions d’euros pour la réduction des primes aux énergies renouvelables.
keywords: ECT , energy , investor-state disputes | ISDS , Spain