Premium article - 14 April 2015
In a departure from recent cases against Argentina, an ICSID tribunal has refused jurisdiction over a claim against Greece arising from its 2012 sovereign debt restructuring.
Premium article - 07 April 2015
An ICSID tribunal has dismissed a Dutch lubricants company’s claim against Venezuela, with a majority concluding that the claimant did not qualify as a foreign investor because it is controlled by Venezuelan nationals.
Premium article - 16 March 2015
The Swiss government has instructed external counsel to defend it against a potential ICSID claim by two Turkish nationals, possibly the first investment treaty claim the state has faced.
Premium article - 27 February 2015
The IBA International Arbitration Day in Washington, DC, today marks 50 years of ICSID, created through the Washington (or ICSID) Convention of 1965.
Premium article - 24 February 2015
As ICSID celebrates the 50th anniversary of its creation this week, a former acting secretary general of the centre, Nassib Ziadé, says it’s time to talk about some of its problems – including flawed appointment processes and a lack of guidance on arbitrator challenges.
Premium article - 13 February 2015
An SCC panel has dismissed a Ukrainian state entity’s Energy Charter Treaty claim against Moldova.
Premium article - 09 February 2015
Eight new panels have been formed at ICSID since the start of this year, including for claims against Mozambique, Senegal and Guinea.
Premium article - 20 January 2015
An ICSID tribunal has dismissed a US$41 billion claim against Peru after finding that one of the claimants had transferred shares with the sole purpose of internationalising what would have been a domestic dispute.
Premium article - 18 December 2014
In an award that both sides are hailing as a victory, an UNCITRAL panel has found that Indonesia’s criminal prosecution of a Saudi investor breached international law but that his negligence in supervising a bailed-out bank means he is not entitled to treaty protection.
Premium article - 17 December 2014
A UAE-led oil consortium has applied to the English courts to enforce an interim order worth US$100 million issued by an LCIA tribunal against Iraqi Kurdistan.