Work Area: Investor-state arbitration

Egyptian investors threaten Ethiopia over civil war disruption

Two Egyptian manufacturers have threatened to file a treaty claim against Ethiopia after allegedly sustaining up to US$40 million in losses due to disruption caused by an ongoing civil war in the country.

09 September 2021

Saudi Arabia secures first ICSID win

Saudi Arabia has secured its first ever ICSID win after defeating a US$570 million claim brought by a French fashion and restaurant chain on jurisdiction.

08 September 2021

Halliburton brings claim against Ecuador’s national oil company

A subsidiary of US oil services giant Halliburton has brought an UNCITRAL claim against Ecuador’s national oil company.

08 September 2021

Guinea fails in corruption challenge to telecoms award

With the country in the midst of a military coup, Guinea has failed to persuade a Paris court to overturn a US$25 million ICC award won by a Seychelles-based telecoms group on grounds of corruption.

07 September 2021

Cambodia faces first known treaty claim

Chinese telecoms investors have filed an ICSID claim against Cambodia, the first known treaty-based arbitration the country has faced.

07 September 2021

Mexico threatened with treaty claim over oilfield

A Houston energy company has threatened Mexico with a treaty claim after the country’s national petroleum company, Pemex, was designated as the operator of an offshore oilfield.

06 September 2021

ECJ says ECT doesn’t cover intra-EU disputes

The European Court of Justice has issued a landmark ruling that the investor-state arbitration clause in the Energy Charter Treaty does not cover intra-EU investment disputes.

02 September 2021

Bank owner targets consultant in Maltese corruption claim

The Chinese owner of a collapsed bank has applied to a US court for discovery from a European Central Bank supervisory board member in aid of corruption allegations it is making in an ICSID claim against Malta.

01 September 2021

Australian investors settle mining claim against Egypt

Australian investors have settled a third-party funded ICSID claim against Egypt over the alleged expropriation of their stake in a mining project.

31 August 2021

Paulsson resigns after challenge over parallel appointments

Jan Paulsson has resigned from an ICSID tribunal that will hear Niko Resources’ latest claim against Bangladesh after being challenged over appointments he has received from the Canadian oil and gas company in other arbitrations against the state.

31 August 2021

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