Work Area: Investor-state arbitration
New ICSID claims against Qatar and Mexico
A French-Algerian consultant has taken Qatar to ICSID, while Mexico is facing a claim by a US investor in its capital city’s parking system.
15 September 2022
Quebec court maintains freeze on Indian assets
A Quebec court has refused to lift a freeze on US$37 million in funds owed to India’s airports authority, ruling it has no jurisdiction to declare that recent legislation preventing such seizures has retroactive effect.
14 September 2022
Wind investor pursues second claim against Canada
A US investor that won a NAFTA award against Canada six years ago over a freeze on offshore wind energy projects is pursuing a second treaty claim worth up to US$333 million, alleging its investment has now been completely destroyed.
13 September 2022
Hanefeld survives challenge over ties to expert
A Spanish electricity company has failed to disqualify German arbitrator Inka Hanefeld from chairing an ICSID claim against Argentina over her failure to disclose having sat on another panel with the state’s expert.
12 September 2022
French investor fails to revive award against Libya
The French Court of Cassation has upheld a decision to annul an ICC investment treaty award against Libya based on corruption allegations that were never raised in the arbitration.
09 September 2022
Libyan sovereign wealth fund defeats attachment bid
The French Court of Cassation has blocked a Kuwaiti arbitral creditor from attaching US$300 million worth of assets belonging to a Libyan sovereign wealth fund, in line with recent EU case law curbing attempts to target assets frozen by international sanctions.
08 September 2022
German court declares ICSID claims inadmissible
UPDATED: A German court has declared that two ICSID claims brought by German energy companies against the Netherlands are inadmissible as they are incompatible with EU law.
07 September 2022
Hong Kong cement investor warns Laos of treaty claim
A Hong Kong company has threatened Laos with an investment treaty claim over the expropriation of a cement production enterprise serving China’s Belt and Road initiative.
06 September 2022
France faces first known ECT claim
A German renewables producer has brought the first known claim against France under the Energy Charter Treaty, undeterred by the European Court of Justice's admonition that the treaty does not extend to intra-EU investor-state disputes.
06 September 2022
Mining magnate complains of “chilling effect” on ICSID claim
A mining magnate that saw his US$21 billion arbitral claim against Western Australia halted by emergency state legislation has brought a fresh challenge against the “draconian” measures, arguing they also effectively prevent him from bringing an investment treaty claim.
05 September 2022