Work Area: Investor-state arbitration

Mistelis calls for Aristotelean approach to ISDS reform

In a recent lecture, Loukas Mistelis of Queen Mary University of London addressed investors' perceptions of investor-state dispute settlement and lived up to his Greek heritage by advocating an "Aristotelean moral philosophical approach" to ISDS.

18 December 2020

Spain fails to unseat ICSID panel over refusal to travel

Spain has failed to disqualify an ICSID tribunal over its refusal to hold an in-person hearing during the covid-19 pandemic – and the failure of two of the arbitrators to disclose their participation in the Frankfurt Moot.

16 December 2020

Australian miner threatens Congo and Cameroon

An Australian mining company has threatened the Republic of the Congo and Cameroon with separate ICC claims over mining permits for a billion-dollar iron ore project which straddles the border between the Central African states.

16 December 2020

US gas investor brings claim against Peru

A US company has filed an ICSID claim against Peru, two years after it reportedly threatened the state with a US$590 million claim over its investments in a gas refinery.

16 December 2020

Consortium settles Kazakh oil field dispute

An international energy consortium has paid US$1.3 billion to Kazakhstan to settle a long-running arbitration over revenue sharing at the Karachaganak oil and gas field in the northwest of the country.

15 December 2020

French court upholds Qatari waste plant award

A French court has largely rejected Qatar's bid to partially set aside a U$37 million ICC award won by a Singapore technology company over a waste facility.

11 December 2020

Tasmania wins damages over power outage

A sole arbitrator has ordered the Singapore-owned operator of an undersea power cable to pay around US$28 million to the Australian state of Tasmania over a power outage five years ago.

11 December 2020

Claimants clash as details of Brazil mega-case emerge

After it emerged that a Petrobras shareholder is bringing an arbitration worth up to US$35 billion against Brazil over losses the state-owned oil company sustained following the Lava Jato corruption probe, another claimant has come forward to argue the shareholder is entitled to nothing.

10 December 2020

Philip Morris prepares to file Ukraine claim

US cigarette company Philip Morris is set to file an ICSID claim against Ukraine over a €44 million fine imposed for allegedly conspiring to monopolise the country’s cigarette market.

09 December 2020

Equatorial Guinea hospital award lands in US court

A Swiss company has asked a US court to enforce a Swiss Chambers award against Equatorial Guinea, nearly a decade after it was expelled from managing the Central African state’s main referral hospital.

09 December 2020

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