ICSID

International Centre for Settlement of Investment Disputes (World Bank)

Second instalment of US$25 million received from Tanzania
Indiana Resources Limited (ASX: IDA) is pleased to confirm that US$25million in funds have been received by the Claimants’ legal representatives from the United Republic of Tanzania as the second instalment of the US$90 million Settlement
Sarama Resources secures funding for Burkina Faso arbitration claim
Sarama Resources has secured a US$4.4 million non-recourse loan facility from Locke Capital II to fund international arbitration proceedings against the Government of Burkina Faso
Update on arbitrations against the Republic of Tunisia
The investors have determined a revised amount of US$503 million as the total claimed amount of the ICSID Arbitration
‘Mafia investments against Honduras’. New report exposes corporate demands after coup d'état
A new report, 'Mafia investments against Honduras', examines the worrying situation in which the Central American country finds itself in the face of claims brought by transnational corporations before international arbitration tribunals.
Tanzania faces $500 Million investment dispute from Aqua Power
In its claim, Aqua Power is demanding $500 million for lost business revenue over the past four years and for the value of its current projects within Tanzania.
SAMIR case: Morocco, Corral Holdings file for rectification of ICSID ruling
The SAMIR affair, dating back to the refinery’s 2015 closure, has seen Morocco and Corral Holdings locked in a bitter dispute before the ICSID tribunal.
Tanzania agrees to pay Indiana Resources Sh. 237 Billion over ICSID disputes
Tanzania and an Australian-based company Indiana Resources Limited have settled for USD 90 million.
US company battles Nicaragua in arbitration tribunal
The US company is appealing under CAFTA (Central American Free Trade Agreement) for the invasion of its property in Jinotega and the destruction of its avocado and other orchards.
As Honduras leaves World Bank dispute forum, US tries to keep influence
Honduras’ withdrawal from the World Bank investor dispute forum could have a limited practical effect, but it is already read along ideological lines.
Between sovereignty and corporate interests: what is at stake in the Ecuadorian referendum?
On 21 April 2024, the government of Daniel Noboa is holding a referendum in Ecuador to amend the country's constitution and, in particular, to reactivate the dangerous investor-state dispute settlement mechanism.