ISDS Case Map
ECT
Energy Charter Treaty
One should be cautious with jumping to conclusions for the still pending Spanish ECT cases.
Yukos, once Russia’s largest oil major, was accused of tax crimes and declared a bankrupt by a Russian court ruling in 2006 while its assets were sold at auctions during the liquidation procedure.
The Energy Charter Secretariat is in expansion mode, wanting to gain access to energy resources in Africa and Asia for its current—mostly developed country—members, and extending a far-reaching (and outdated) investment protection system to investments in resource-rich countries.
Venezuela is taking its fight over a $1.4 billion arbitral award to the District of Columbia’s federal court of appeals.
The ICSID tribunal in Eskosol in liquidazione v. Italy rejected Italy’s Rule 41.5 application to have the claim thrown out for being “manifestly without legal merit.” I offer a summary and some reflections on two interesting aspects on the tribunal’s jurisdiction.
Yukos will hardly appeal against the Belgian court’s ruling, the lawyer of the Russian Federation Niuscha Bassiri said.
Spain has lost its first international arbitration process over cuts to renewable energy subsidies
Germany breached the EU Habitats Directive by authorising a coal plant without ensuring its water demands would not impact on protected fish, the EU court ruled on Wednesday
The dispute is based on the Energy Charter Treaty (ECT) and was initiated by Moldovan businessman Anatole Stati, his son Gabriel Stati and two companies owned by them.
The Russian Federation claimed that arbitrator Yves Fortier's assistant turned into a Fourth Man, a covert extra arbitrator who conceived and drafted a large part of the award.
