Work Area: Investor-state arbitration
UK energy company brings claim against Congo
A UK energy company has filed an ICSID claim against the Republic of the Congo over the expropriation of its interest in an oil block – seeking at least US$450 million in damages.
05 May 2021
Dominican power barge dispute looms
A US company has reportedly threatened the Dominican Republic with international arbitration after the state refused to allow it to operate a second power barge on one of its rivers.
05 May 2021
Miner takes Senegalese tax dispute to ICC
Canada’s Barrick Gold has launched an ICC claim against Senegal after it was hit with a US$208 million capital gains tax bill.
05 May 2021
Occidental ordered to hand over share of ICSID award
A Chinese-owned oil company has applied to enforce an award worth more than US$540 million against Occidental Petroleum, representing its share of an ICSID settlement paid by the Ecuadorean government six years ago.
04 May 2021
Estonian investors threaten sky-high claim against Ukraine
A group of Estonian investors has issued a notice of dispute threatening a claim of more than US$750 million against Ukraine for the “theft and raid” of their interests in Sky Mall in Kiev, arguing that they were also deprived of the value of an LCIA award.
04 May 2021
Kuwaiti investor launches ICSID claim over Egyptian port project
A Kuwaiti company has made good on a threatened US$700 million ICSID claim against Egypt over a terminated concession for a container terminal facility at the port of Damietta – a dispute that has already given rise to a US$420 million award against the port authority.
04 May 2021
Czech Republic puts poppy claim to bed
The Czech Republic has defeated a US$100 million UNCITRAL claim brought by a Dutch company which alleged it was the victim of a fraudulent scheme relating to the sale of blue poppies and other commodities.
30 April 2021
India facing new retroactive tax claim
Japanese conglomerate Mitsui & Co has filed an investment treaty claim against India over a US$324 million retroactive tax bill – months after the state suffered two high-profile losses over similar demands.
30 April 2021
Tanzania pays treaty award to avoid aircraft seizure
Tanzania has paid US$22 million to satisfy an UNCITRAL award after the Italian-owned creditors attempted to seize three aircraft purchased by the East African state following enforcement of the award in the Canadian courts.
30 April 2021
Yukos engineer's heirs threaten ECT claim against Bulgaria
Lithuanian siblings have threatened Bulgaria with an US$840 million Energy Charter Treaty claim, alleging the state took control of a fuel distributor owned by their father, a former Yukos associate, and suggesting the dispute contributed to his early death
28 April 2021
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