Colombia’s president has announced that the country will exit the International Investment Arbitration System (ISDS). This comes in the wake of an ongoing effort against ISDS and for the exit of countries in the Global South from these mechanisms.
While energy bills spiral, public money could soon flow to an overseas fossil fuel company. Because a government dared to block a climate-wrecking coal mine.
The filing marks the first time a foreign investor has openly threatened treaty-based arbitration against San Marino over its handling of a major banking transaction
In the midst of war, Russian oligarchs are suing Ukraine – not in Moscow or Kyiv, but through European trade treaties and arbitration courts in Washington.
Morocco-focused potash developer Emmerson PLC said on Monday it had submitted a $1.215 billion damages claim, including interest and net of local taxes, in its arbitration case against Morocco.
Guinea has reached an agreement with Emirates Global Aluminium that will avert a looming arbitration over last year’s seizure of the miner’s local unit.
President Gustavo Petro said that Colombia will pull out of investor protection treaties that allow foreign corporations to sue the State over perceived losses before international tribunals.
The funding arrangement enables Cadence and its subsidiary REM Mexico Limited to commence international arbitration against the Mexico under the UK-Mexico bilateral investment treaty.