It is likely that the Antrix case — which could see the Government of India paying $1 billion if it loses — would have had a different outcome had the new model BIT been at issue.
Three years ago, the government of Togo received a letter from Philip Morris International outlining how plain packaging would violate binding global and regional agreements.
India has turned its attention to comprehensive economic partnership agreements with Singapore, Japan and South Korea after having fixed the loopholes in the much-abused investment treaties with Mauritius and Cyprus.
Ecuadorean plaintiffs cannot collect a $9-billion judgment in the US against Chevron Corp. for rainforest damage, a federal appeals court ruled Monday.
As thousands discuss free trade at the World Social Forum in Montreal, Canada’s experience with NAFTA may offer lessons for the Netherlands, writes Niels Jongerius
The government on Monday said it has framed the model Bilateral Investment Treaty to minimise Cairn Energy type of dispute which has resulted in demand for compensation of $5.6 billion from India.