investor-state disputes | ISDS


PDVSA ordered to pay Conoco $2 billion after Venezuela oil nationalization: arbitration
In a separate arbitration claim from the ICSID case, the International Chamber of Commerce has ordered Venezuela’s state-run oil company PDVSA to pay ConocoPhillips $2.04 billion for early dissolution of two joint ventures for producing oil.
EU’s new trade deal with Mexico promotes CETA-style investors’ rights while ignoring human rights violations by multinationals
A key feature of the “modernisation” process is the inclusion of a controversial investment protection chapter with the same characteristics as the one recently included in the Canada-EU trade agreement.
Invenergy files international arbitration suit against Poland over wind projects
The Invenergy group has submitted a notice of arbitration against Poland citing violations of Invenergy’s rights as a foreign investor and clear breaches of Poland’s obligations under the United States-Poland bilateral investment treaty.
Kimberly-Clark to sue Venezuela over 2016 expropriated factory
US multinational Kimberly-Clark has filed a formal request to take Venezuela to court regarding the expropriation of its abandoned factory by the government of Nicolas Maduro in July 2016.
Creating Versailles out of a landfill: after landmark case, what is the fate of the multilateral investment court?
The EU should not negotiate on its multilateral investment court project until the Court of Justice of the European Union has established the compatibility of the investment court agreed in CETA.
Taxpayers face Sh500bn loss in case against Canadian firm
The government risks losing up to Sh500 billion in an international arbitration case against mining firm, Cortec, after it failed to provide Sh100 million in the second mini-budget to pay a UK-based law firm representing it in the case.
Three Canadian mining companies lodge ISDS disputes over Colombian mining ban
Colombia’s decision to ban mining activities in the Páramos, a range of environmentally sensitive wetlands that provide approximately 70% of the country’s water supply, has so far led to three treaty-based arbitration cases.
Petroleum ISDS cases pose major threat to climate action
Research shows that mining and energy industries are the most frequent users of Investor-State Dispute Settlement mechanisms.
Lee-Chin seeks US$300m in arbitration fight over Dom Rep investment
A Jamaican investor served the government of the Dominican Republic with a notice of arbitration surrounding the state takeover of a recycling facility and waste-to-energy plant.
Venezuela bondholders inch toward $50 billion debt default showdown
Investors holding billions of dollars in defaulted Venezuelan bonds have formed at least one bondholder committee, which could signal an eventual legal dispute similar to the dispute with Argentina after it defaulted on its sovereign debt in early 2002.