ISDS Case Map
investor-state disputes | ISDS
An American energy firm accuses Canada of violating the North American Free Trade Agreement, which has since been replaced by a new free trade deal.
The court accepted Roşia Montana's inclusion on the UNESCO heritage list as a piece of evidence, as an argument for the "bad faith of the Romanian state" invoked by the Canadian company.
The arbitral tribunal rejected the requesting company's request to compensate it in the amount of $29.3 million in addition to the accrued interests.
Governments which enact climate legislation risk being sued for trillions of dollars by fossil fuel companies seeking compensation for lost revenue and stranded assets.
In a significant step forward in the campaign against Investor-State Dispute Settlements (ISDS), Australia has announced its withdrawal from its signatory status to the Energy Charter Treaty.
The Dutch supreme court overturned an order for Russia to pay $50 billion to former shareholders in dismantled oil giant Yukos, but shunted the lengthy legal saga back to a lower court for more hearings.
Treaty allows energy corporations to sue governments for billions over policies that could hurt their profits.
The arbitration has been discontinued in response to the non-payment of the claimant’s portion of the required advance payment of the costs of the proceeding.
The settlement is under the Taxation Laws (Amendment) Act, introduced this year to put an end to 17 tax disputes India has with multinational companies like Cairn and Vodafone Plc.
Seen as a step for seizure of assets of Indian PSUs abroad.
