The new model text on the basis of which India is negotiating its Bilateral Investment Treaties (BIT) is making it difficult for America to hold bilateral talks on the proposed India-US BIT
The Indonesian government is currently reviewing all its international investment treaties after previously having terminated 20 bilateral investment treaties (BIT).
By virtue of the ICSID Convention awards are automatically enforceable. But enforcement of an award is only half of the equation; award holders must also navigate the separate, but equally important, task of executing the award.
TransCanada Corp. made good on its threat to challenge the rejection of the Keystone XL pipeline, filing a request for arbitration under NAFTA to recoup US$15 billion in damages from the U.S. government.
The claimant in this case was Mesa Power Group LLC, a U.S. corporation that oversees and develops renewable energy projects, notably in the wind sector.
Iskandar Safa, co-owner of the Privinvest Group, a global player in the shipbuilding industry, which took control of Hellenic Shipyards SA, submitted a request for arbitration against the Hellenic Republic at the World Bank’s ICSID.