US investors have won a NAFTA claim against Canada over the rejection of their bid to build a quarry and marine terminal in the province of Nova Scotia – as a dissenting arbitrator warns of the award’s chilling effect on environmental policy.
Kazakhstan is facing another ICSID claim by relatives of the recently deceased Rakhat Aliyev, former son-in-law to the country’s president, this time over the alleged expropriation of a pharmaceuticals plant.
The United Kingdom has settled a five-year dispute with the US’s Raytheon Systems over a cancelled electronic immigration system – weeks after the defence contractor’s LCIA award against the government was overturned in London.
After Cairn Energy issued a notice of dispute against India earlier this month, the buyer of its Indian subsidiary has also threatened investment treaty arbitration over the state's retrospective tax demands.
Venezuela is attempting to disqualify the president of the tribunal hearing its dispute with ConocoPhillips for the second time – as ICSID’s secretary-general considers its third challenge against the oil company’s appointed arbitrator and the last spot on the tribunal remains vacant.
A meeting of the heads of arbitral institutions and leading arbitration specialists in the Gulf kingdom of Bahrain saw disagreement over the role of institutions in regulating and policing conflicts of interest.
On the eve of the IFCAI conference in Manama, the BCDR-AAA held a ceremony and dinner to mark the lifetime achievement of Egyptian arbitrator Ahmed El-Kosheri, who has already received a GAR lifetime achievement award.