Work Area: Investor-state arbitration

Swiss shipping group brings fresh claim against Algeria

A Swiss transport company that obtained a US$110 million ICSID award from Algeria over the collection of dividends has filed a new claim against the North African state in relation to a port concession agreement.

02 August 2023

UK solar investor threatens Belarus

A UK investor has threatened to bring a treaty claim against Belarus, saying the state undermined and expropriated a solar power project after it withdrew various renewables incentives.

01 August 2023

Iran's central bank prepares treaty claim against Korea

The Central Bank of Iran is preparing to file a treaty claim against South Korea after local banks froze US$7 billion of assets due to sanctions – as a Texas private equity group seeks to revive a multibillion-dollar claim against the east Asian state through ICSID annulment proceedings.

01 August 2023

UK sand miner prepares claim against Sri Lanka

A UK company has instructed counsel for a potential treaty claim against Sri Lanka over the cancellation of its mining licences that it says the state is trying to award to third parties.

01 August 2023

US businessman revives ICSID claim against Armenia

A US businessman whose ICSID claim against Armenia was thrown out on the ground that he held Armenian nationality has won a bid to have the award partially annulled.

31 July 2023

Bulgaria fails to knock out Lithuanian heirs' claim

An ICSID tribunal has rejected Bulgaria’s request for summary dismissal of a billion-euro Energy Charter Treaty claim brought by the children of a Lithuanian oil and gas entrepreneur.

31 July 2023

Spain and solar investor both seek ICSID annulment

Spain and a Portuguese solar company have both applied to annul an ICSID award that granted €9 million plus interest to the investor.

30 July 2023

Venezuela defeats dual national's pharma claim

An UNCITRAL tribunal has declined jurisdiction over a US$200 million investment treaty claim brought by a dual national against Venezuela over the expropriation of a pharmaceutical business.

28 July 2023

Czech Republic declares win in lottery terminal dispute

Cypriot companies owned by a former Czech senator have lost a US$164 million investment treaty claim against the Czech Republic over the cancellation of a licence to operate video lottery terminals.

28 July 2023

US railroad investor brings NAFTA claim against Mexico

An American railroad investor has filed a NAFTA legacy claim against Mexico at ICSID, the fourth claim brought under the treaty at the centre in the past week.

28 July 2023

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