finance | banking | taxes


Al Habtoor group issues a notice of an investment dispute against Lebanon
Emirati conglomerate Al Habtoor Group served a notice of an Investment Treaty Dispute against the Lebanese Republic in connection with Lebanon’s breaches of the Bilateral Investment Treaty between the United Arab Emirates and Lebanon.
USD 12 billion dispute decided in Tunisia’s favour
A wrangle over a shareholding in a Tunisian bank which dates back to the 1980s has finally been resolved in arbitration.
ABH Holdings S.A. brings $1 billion claim against Ukraine
ABHH seeks full compensation for the expropriation of Sense Bank by the Ukrainian authorities through enforced nationalisation.
When investors subvert states
The ongoing lawsuit brought against Honduras by an American company underscores the unjust and undemocratic nature of the investor-state dispute settlement system.
The global minimum tax spurs need for faster investment agreement reforms
A UNCTAD report highlights the interplay between efforts to tackle tax avoidance and protect investment, calling for accelerated reforms to align investment agreements with new global tax rules.
US commerce secretary says closed three 'pillars' of Indo-Pacific talks
IPEF member countries have agreed on terms of the clean energy pillar and on the anti-corruption chapter.
S. Korea files for cancellation of int'l tribunal's compensation order in Lone Star case
The South Korean government filed an appeal seeking to cancel an international tribunal's order to pay compensation to American private equity firm Lone Star Funds with the firm's sell-off of the now-defunct Korea Exchange Bank.
Lone Star files to cancel $200 mln ICSID ruling against S. Korean gov’t
US private equity firm Lone Star Funds has filed an application to cancel an international tribunal's ruling that South Korea pay over 200 million US dollars in compensation.
International body rules in favour of Nepal government in Ncell taxation case
The Axiata Group had filed a case at the International Centre for Settlement of Investment Disputes in May 2019, claiming damages worth around Rs66 billion.
Memorandum and analysis on the agriculture chapter of the STIP negotiations
Econews Africa, in a memorandum to the Kenya/United States Strategic Trade and Investment Partnership (STIP) has highlighted lack of transparency in the negotiation process and the devastating consequences of negotiating a chapter on Agriculture have been highlighted.