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Third-party funder is the only winner in Odyssey Marine Exploration’s suit against Mexico
Inequality.org | 21-Oct-2024
The country will likely have to pay over $30 million to an American litigation firm because it wanted to protect its environment from harmful seabed mining.
keywords: environment , investor-state disputes | ISDS , Mexico , mining , NAFTA | USMCA , US
GNL Québec : la poursuite de 20 G$ contre le gouvernement canadien sera entendue en 2025
Radio-Canada | 21-Oct-2024
La poursuite de 20 milliards de dollars américains des promoteurs de GNL Québec contre le gouvernement canadien sera entendue en 2025. Le Canada plaide pour sa part que le tribunal ne devrait pas être saisi de cette affaire.
keywords: Canada , energy , environment , investor-state disputes | ISDS , NAFTA | USMCA
Labour unions express concerns about proposed free trade agreement with Ecuador
United Steelworkers | 20-Oct-2024
We are writing on behalf of Canadian unions that are deeply concerned about the current negotiations for a free trade agreement with Ecuador.
keywords: actions | resistance , Canada , Ecuador , human rights , indigenous peoples , investor-state disputes | ISDS , mining
Telefónica reclama a Perú hasta 1.122 millones por daños y perjuicios fiscales
El Economista | 16-Oct-2024
El grupo Telefónica reclama al estado peruano 1.122 millones de euros por daños y perjuicios históricos, correspondientes a impuestos realizados en el país y provisiones fiscales de tributos pendientes de abonar.
keywords: investor-state disputes | ISDS , Peru , telecommunications
Pourquoi l’accord de libre-échange entre le Canada et l’Équateur inquiète-t-il autant?
Pivot | 16-Oct-2024
La société civile des deux pays accuse le futur accord, en cours de négociation, de privilégier les intérêts des investisseurs.
keywords: Canada , Ecuador , environment , investor-state disputes | ISDS , mining
Indonesia and Switzerland seeks to accelerate investments under new bilateral investment treaty
Lexology | 15-Oct-2024
The 2022 BIT offers several important advances compared to the 1974 BIT, providing greater certainty and protection for investors.
keywords: Indonesia , investment | BITs , investor-state disputes | ISDS , Switzerland
After intra-EU BITs and the ECT, the EU needs to abandon extra-EU BITs—for legal, energy and climate policy, and political economy reasons
CCSI | 14-Oct-2024
EU members should terminate extra-EU BITs. To facilitate the process, the EU could spearhead an instrument similar to the plurilateral agreement to terminate intra-EU BITs or based on the draft treaty language on termination proposed to UNCITRAL.
keywords: climate , energy , EU , investment | BITs , investor-state disputes | ISDS
French court clears Cyprus on FBME case
ekathimerini.com | 14-Oct-2024
France’s highest court has brought an end to the $1.4 billion legal battle over the resolution of FBME Bank, ruling that the Central Bank of Cyprus acted prudently and did not breach any obligations under a bilateral investment treaty between Cyprus and Lebanon.
keywords: Cyprus , finance | banking | taxes , investor-state disputes | ISDS
Mayaniquel reclama US$100 millones al Estado de Guatemala en el inicio del proceso para arbitraje
Prensa Libre | 14-Oct-2024
El Ministerio de Economía recibió la solicitud de consultas e intención de arbitraje y ya corre el plazo de los seis meses para llegar a una conciliación.
keywords: Guatemala , investor-state disputes | ISDS , mining , Switzerland
ExxonMobil sues the Netherlands over gas field closure
SOMO | 11-Oct-2024
The multinational disagrees with the decision that gas production in the Dutch province of Groningen will be shut down early.
keywords: ECT , energy , environment , investor-state disputes | ISDS , Netherlands