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A Swedish-Iranian national who brought a funded ICSID claim against the United Arab Emirates over its refusal to renew his residency permit has dropped his case after the state contested the authenticity of some of his evidence.
01 December 2022
The Dutch courts have reached opposite conclusions when reviewing jurisdictional findings in two investment treaty cases brought by dual nationals. Jeroen van Hezewijk and Eleonora Di Pangrazio of Freshfields Bruckhaus Deringer argue this asymmetry is untenable and may even be in breach of the Netherlands’ international obligations.
20 September 2022
An ICC tribunal has reportedly rejected a €65 million claim against Kosovo brought by an economist and former politician who claimed his investments in a network of petrol stations were expropriated.
11 August 2022
A dual national backed by a third-party funder has seen his billion-dollar treaty claim against Venezuela thrown out based on his “dominant and effective” nationality.
01 February 2022
Former banker Sergei Pugachev has failed to persuade a Spanish court to revive his US$14.5 billion investment treaty claim against Russia.
10 January 2022
Mauritian investors have brought an ICSID claim against Senegal over a €1 billion power plant project, months after the West African state lost its challenge to a €243 million UNCITRAL award in favour of a dual national.
10 January 2022
An ICSID tribunal has thrown out a claim against Armenia over a real estate venture after finding that one of the claimants had dual Armenian-US nationality and that his company had not made a valid investment.
16 December 2021
The French Court of Cassation has reinstated a jurisdictional award in favour of two Spanish-Venezuelan nationals in a dispute with Venezuela, finding the underlying treaty didn’t require them to hold Spanish nationality at the time they made their investments.
01 December 2021
A US appeals court has affirmed that two US-Dominican investors were out of time in serving set-aside proceedings on the Dominican Republic in their bid to revive a nearly US$42 million DR-CAFTA claim.
27 October 2021
A Belgian court has ruled that an UNCITRAL tribunal was right to decline jurisdiction over a French-Mauritian businessman’s US$1 billion treaty claim against Mauritius based on his dual nationality.
05 July 2021
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