Work Area: Investor-state arbitration

Dutch court refuses to terminate intra-EU BIT claim

A judge in Amsterdam has refused to order a Dutch investor to terminate an intra-EU bilateral investment treaty arbitration against Poland on the basis of the Achmea ruling.

19 October 2022

Panama defeats ICSID claim over corruption probe

Panama has defeated an ICSID claim worth over US$100 million brought by a US engineering company and its CEO who said they were unjustly targeted by corruption and money laundering probes.

17 October 2022

Chinese-owned miner warns of ICC claim over Congo project

A subsidiary of a Chinese state-owned mining company says it intends to launch ICC arbitration after armed forces allegedly occupied the site of its copper mining project in the Democratic Republic of the Congo.

14 October 2022

Singapore's plans unmasked in interview with minister

On the day that Singaporeans were permitted to unmask inside for the first time since the pandemic, Lucy Reed interviewed Singapore's minister of home affairs and minister for law K Shanmugam SC about the city-state's future as a leading arbitration centre.

14 October 2022

Spain announces withdrawal from ECT

Spain says it is withdrawing from the Energy Charter Treaty because of climate concerns, a week after the lower chamber of Poland’s parliament voted near-unanimously to exit the treaty.

13 October 2022

Croatia fails to reopen award after bribery verdict

A Swiss court has refused Croatia’s request for review of an UNCITRAL award in favour of Hungarian oil and gas group MOL in the wake of a corruption verdict against a former prime minister, ruling the arbitrators were not bound by the findings of the Croatian criminal courts.

13 October 2022

Peter removed from Venezuela panel

Venezuela has successfully challenged Wolfgang Peter as arbitrator in an investment treaty case after raising concerns he could be influenced by the views of his Peter & Kim colleague Pierre Tercier in a similar dispute.

12 October 2022

NAFTA panel rejects paper mill claim against Canada

A majority NAFTA panel has rejected a US$121 million claim against Canada brought by a US investor who said its paper mill business in Quebec unfairly suffered because of assistance granted to a rival operator in another province.

12 October 2022

Sleepless nights over sanctions

A conference organised by the Swiss Arbitration Association (ASA) considered economic sanctions and the many ways they can affect international arbitration and cause “sleepless nights” for practitioners. Chloé Terrapon Chassot of Walder Wyss reports.

12 October 2022

Yukos shareholders to auction Russian vodka trademarks

The former Yukos majority shareholders are preparing to auction off seized trademarks to “iconic” Russian Vodka brands in the Netherlands, as they seek to cash in on their US$50 billion awards against the state.

11 October 2022

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