Work Area: Investor-state arbitration

Canadian oil investor takes Tunisia to ICSID

A Canadian energy company has lodged an ICSID claim against Tunisia relating to oil concessions in the country.

06 June 2023

India fails to enforce oil and gas award

A Delhi court has rejected India’s demand for US$2.3 billion from Reliance Industries and BG Group based on a partial award from their long-running UNCITRAL dispute over oil and gas fields.

05 June 2023

Argentine arbitrator survives challenge over Venezuela appointments

A UK election technology company has failed to disqualify Argentina’s Raúl Vinuesa from hearing its US$1.5 billion ICSID claim against Venezuela over his repeat appointments by the state.

02 June 2023

Third toll-road claim against Lima underway

A panel is in place at the Permanent Court of Arbitration to hear the third arbitration filed by an Odebrecht-linked consortium against the Peruvian municipality of Lima in a long-running dispute over the termination of a toll-road concession.

02 June 2023

Italian oil trader warns of treaty claim against UAE

An Italian oil trader has threatened to bring an investment treaty claim against the United Arab Emirates over his imprisonment on charges he breached an embargo on Yemen.

01 June 2023

Honduras threatens to withdraw from ICSID

Honduras has threatened to withdraw from ICSID, alleging the centre has breached “law and procedure” in its administration of a US$11 billion treaty claim.

01 June 2023

Mauritius seals win in treaty dispute with dual national

A French-Mauritian businessman whose US$1 billion investment treaty claim against Mauritius was dismissed five years ago because of his dual nationality has lost a final bid to challenge the decision in the Belgian courts.

29 May 2023

Scherer award upheld in Djibouti port dispute

A Djibouti state-owned entity has failed to overturn a liability award issued by Maxi Scherer as sole arbitrator in an LCIA dispute with Emirati logistics group DP World over a port facility on the Red Sea.

26 May 2023

Spain fails to halt enforcement of intra-EU award in London

A UK court has ruled for the first time that Spain cannot avoid enforcement of an ICSID award by invoking EU law prohibitions on intra-EU investment arbitration.

25 May 2023

Croatia reports win against golf resort investors

Croatia says it has defeated a €300 million ICSID claim brought by a Dutch investor over plans to build a golf resort near Dubrovnik – although a related treaty case remains pending.

25 May 2023

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