investment | BITs

investment | bilateral investment treaties

N.L. not on hook for Abitibi payout: Williams
Premier Danny Williams says the Newfoundland and Labrador government will not share the $130-million settlement the federal government made with AbitibiBowater.
Improving resolution of investor-state disputes the focus of new UN publication
A new online publication by the United Nations trade arm explores alternative methods that governments and international investors may use to resolve increasingly frequent disputes that must currently be handled through lengthy international arbitration.
ASEAN, Japan aim to strike deal on services, investment next year
The Association of Southeast Asian Nations and Japan aim to strike a deal on liberalization of trade in services, and investment next year for incorporation into their two-year-old free trade deal, according to the draft of a joint statement for next week's meeting of their economic ministers in Vietnam.
Romulo warns Aquino against hasty decision on NAIA 3 case
Foreign Affairs Secretary Alberto Romulo advised President Aquino against deciding hastily on the case involving the Ninoy Aquino International Airport Terminal 3 (NAIA-3), warning the government could be at a disadvantage.
Philip Morris International claims against Uruguay without merit.
A legal analysis of the challenge launched by Philip Morris International found the company to be both unjustified and unreasonable in its opposition to Uruguay's new tobacco packaging laws.
New Sierra Club / Public Citizen report on fixes to investment in the TPP
Earlier this week, the Sierra Club, Public Citizen, Institute for Policy Studies, Friends of the Earth and Earthjustice released a new report entitled: "Investment rules in trade agreements: Top 10 changes to build a pro-labor, pro-community and pro-environment Trans-Pacific Partnership."
Vivendi: Arbitrator Reaffirms Ruling, $105M Award Vs Argentina
French media conglomerate Vivendi (VIV.FR) Tuesday said the International Centre for Settlement of Investment Disputes, or ICSID, reaffirmed its original ruling and financial award in favour of the company in a long-running dispute with Argentina.
World Bank approves mining company suit against El Salvador
In a decision with implications for the national sovereignty of member states under US trade pacts, a World Bank tribunal has approved a Canadian mining company's controversial lawsuit against the government of El Salvador.
South Africa: Court rules against Italian investors
An international arbitration tribunal in The Hague has dismissed an objection by Italian investors claiming that SA's black economic empowerment requirements represented expropriation and violated the country's bilateral investment treaties with Italy and the Belgo-Luxembourg Economic Union.
Chevron urges arbitration in $27 bln Ecuador case
Chevron Corp urged a US federal appeals court not to force it into Ecuador's courts, but to allow it to go to international arbitration, to defend a $27.4 bn lawsuit alleging its oilfields polluted the Amazon rainforest and sickened thousands of Ecuadorians.