Work Area: Investor-state arbitration

Congo hit with another mining claim

An Australian mining company has launched an ICSID claim against the Republic of the Congo over the revocation of licences for iron ore projects, as the state faces contractual claims by two other miners totalling US$36 billion.

30 September 2021

Will future energy investments be protected?

In a keynote address at GAR Live Energy Disputes, Doak Bishop of King & Spalding defended investment treaty arbitration as a vital means of protecting the trillions of dollars of foreign investment needed to meet international climate change goals – while expressing concern at some reforms to the system now being considered.

30 September 2021

Indian company wins claim over Rwandan power network

An Indian company has won US$32 million in a claim against a Rwandan state-owned entity over a contract for a power transmission network connecting Rwanda and the Democratic Republic of the Congo.

30 September 2021

French court rejects Libya’s corruption challenge

The Paris Court of Appeal has upheld a jurisdictional award in a treaty case against Libya, siding with an ICC tribunal that the state’s corruption allegations were a matter for the merits.

29 September 2021

Webuild takes decade-old Argentina award to US court

Webuild, the Italian construction group formerly known as Salini Impregilo, has applied to a US court to enforce a US$21.3 million ICSID award that it won against Argentina a decade ago over a terminated water concession.

29 September 2021

Iranian state oil company ordered to pay damages

Emirati energy company Dana Gas says it will receive US$607.5 million from a long-awaited final award against an Iranian state-owned entity over a terminated gas supply deal, while a much larger second arbitration continues.

28 September 2021

Canadian miner seeks interim relief over Kyrgyz project

Canada’s Centerra Gold has asked a sole arbitrator to block Kyrgyzstan from causing “irreparable damage” to a mining project it seized earlier this year.

28 September 2021

Glencore’s award against Colombia upheld

An ICSID committee has upheld a US$19 million award in favour of Swiss mining group Glencore against Colombia, finding the tribunal was right to refuse to consider documents relating to allegations of corruption.

27 September 2021

Zimbabwe creditors race to enforce overlapping ICSID awards

Two sets of ICSID creditors have applied to a US court to enforce overlapping ICSID awards against Zimbabwe over land expropriations as they sue each other in London.

27 September 2021

Crystallex warns of NAFTA claim against US

The US government has once again refused to allow Crystallex to sell off Venezuelan state-owned assets to satisfy an ICSID award, despite the Canadian mining company’s warning that it may pursue a NAFTA claim against the United States as a result.

24 September 2021

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