Premium article - December 01, 2011
A conference in London this month considered how specific attributes of the ICSID regime - including its summary disposal procedure and the annulment mechanism - are shaping the current climate of investment treaty arbitration. David Earnest, an associate at host firm Hogan Lovells, reports.
Premium article - November 15, 2011
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.
Premium article - November 11, 2011
An environmental campaigner in Montevideo has lost his court battle to have the ICSID Convention and the Uruguay-Finland bilateral investment treaty declared unconstitutional.
Premium article - October 28, 2011
In a new twist on third-party funding of international arbitration, Canadian mining company Crystallex is selling securities worth US$120 million linked to the proceeds of a future ICSID win against Venezuela.
Premium article - October 25, 2011
A tribunal in The Hague has dismissed a billion-euro claim by a Dutch investor against Slovakia - the largest treaty claim in the state's history and one of a trio of cases arising from reforms to its health insurance market.
Premium article - September 06, 2011
Ecuador must pay Chevron US$96 million over the failure of its courts to resolve multiple contractual disputes over 15 years, a tribunal at The Hague has ruled.
Premium article - August 18, 2011
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.
Premium article - May 16, 2011
Moldova has ratified the ICSID Convention - nearly 20 years after signing it following the dissolution of the Soviet Union.
Premium article - March 18, 2011
The claimant in an abandoned ICSID case against Romania is suing the third-party funder that helped to finance the claim, leaked court documents have revealed.
Premium article - January 25, 2011
Matthew Weiniger and Christian Leathley, of Herbert Smith LLP in London, report on the recent examination of Venezuela's foreign investment law as a basis for ICSID jurisdiction in Cemex v Venezuela.