investor-state disputes | ISDS


Spain loses another dispute over premium cuts on renewables
Spain will have to pay EUR 41 million to German solar investor SolEs Badajoz GmbH for retroactively cutting long-term premiums for renewable energy projects.
Investor-state disputes in Africa
In May 2017, out of 613 cases brought under the ICSID Convention and Additional Facility Rules, 135 cases involved African states, of which 45% were brought based on states’ consent in BITs.
Reko Diq controversy
In June 2000 the government in power signed a joint venture with Pakistan getting 25% and BHP getting bulk 75%. It was in violation of the internationally established practice of sharing half revenues.
More precious than gold: community resistance v corporate courts
UK registered mining company Lydian is using corporate courts to bully the Armenian government into cracking down on public protests that have successfully resisted a gold mine.
If a no-deal Brexit happens, mega corporations could sue the government for billions in secret courts
The Armenian government is currently being sued by a corporation for two thirds of its entire government budget. If the UK crashes out on 31 October, it could suffer a similar fate.
Concern grows over ‘corporate courts’ being set up after Brexit
Parliament’s trade committee says it is alarmed by government's failure ‘to set out even basic lines of policy’ on how international arbitration will work after Brexit.
Venezuela on the verge of losing Citgo after recent legal ruling
Canadian mining company Crystallex recently won a $1.4 billion judgment against the Venezuelan government, which nationalized its assets.
10th ISDS case against South Korea
Reportedly, Berjaya, Malaysian investor initiated ISDS dispute against South Korea.
Trade Minister of South Korea should not undermine the ISDS reform objectives pursued by the Prime Minister
CSOs call for Trade Minister of South Korea should not undermine the ISDS reform objectives pursued by the Prime Minister
Ukraine Naftogaz files $5.2 bln lawsuit against Russia
Ukraine's state energy group Naftogaz has asked the Hague Permanent Court of Arbitration to force the Russian Federation to pay the Ukrainian company $5.2 billion compensation for assets lost in annexed Crimea.