Work Area: Investor-state arbitration

LONDON: Why still ICSID?

01 December 2011

Dissenter resigns after voicing policy concerns

Egyptian professor Georges Abi-Saab has resigned from a tribunal hearing a mass claim by 60,000 bondholders against Argentina, after warning of the potentially disruptive effects on the international financial system if ICSID becomes the forum of choice for sovereign debt disputes.

15 November 2011

Uruguay pulp mill dispute prompts treaty challenge

11 November 2011

Claimant sells securities linked to ICSID award

28 October 2011

Slovakia defeats health insurance claim

25 October 2011

Turkey counts cost of victory

A Cypriot company controlled by the Uzan family has lost a US$10 billion claim against Turkey over the seizure of two power utilities – concluding the most expensive case in ICSID's history.

09 September 2011

Chevron wins payout from Ecuador for 'undue delay'

06 September 2011

Green light for mass claim against Argentina

ICSID is to hear the first mass claim in investment arbitration history, after a tribunal ruled that it has jurisdiction over claims by 60,000 Italian bondholders arising from Argentina's sovereign debt default.

18 August 2011

Argentina dissent renews debate on MFN

French academic Brigitte Stern has used a dissenting opinion in an ICSID award against Argentina to warn of the "great dangers" of allowing claimants to bypass a treaty's jurisdictional requirements by invoking a most-favoured nation clause.

05 July 2011

Moldova ratifies ICSID Convention

16 May 2011

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