investor-state disputes | ISDS


Humans Group initiates arbitration proceedings against the Republic of Uzbekistan to protect its investment
Humans Mobile Ltd, an international holding company and owner of Humans' business in Uzbekistan, has formally initiated arbitration proceedings against the Republic of Uzbekistan.
AES wins landmark $733 million arbitration award against Argentina: the path to collection
The AES Corporation, a global power generation and utility company, has secured a significant victory in a long-standing dispute with the Argentine Republic.
RS faces potential €700 million arbitration over Ugljevik power plant debt
The issue stems from a €67 million debt owed by the Ugljevik Mine and Thermal Power Plant to Slovenia’s state-owned electricity company, Elektrogospodarstvo Slovenije.
Protecting foreign investments in clean energy projects from regulatory changes
By protecting fossil fuel investments, investment treaties with ISDS are undermining the global energy transition. This briefing explores three alternative tools that may protect foreign investors from regulatory changes.
Court registers US$10b ConocoPhillips award against Venezuela
US oil giant ConocoPhillips has been permitted to register an over US$10 billion arbitration award against Venezuela in Trinidad and Tobago for the expropriation of its oil assets by the South American country nearly two decades ago.
Ending the era of investor-state dispute settlement
To accomplish the removal of ISDS efficiently, G7 countries, or some subset of them, could lead the development of a plurilateral agreement to alter all IIAs amongst the parties that sign up to it.
Resurgence of contract-based ISDS and the risk of internationalizing investor–state relations
As investment treaties face increased resistance from all quarters, there have been renewed calls to prioritize contract-based arbitrations pursuant to arbitration clauses in investment agreements negotiated between foreign investors and host states.
Arbitration body raises amount awarded to Enagas to $302 million in process against Peru
Spanish gas grid operator Enagas said the World Bank's ICSID raised the amount the company is entitled to be paid in an arbitration process over a pipeline it built in the country.
Guatemala found liable for not protecting hydroelectric project from violent protests
Earlier this year, a split ICSID Tribunal found Guatemala liable to pay USD 68.5 million in damages plus interest to Panamanian company Energia y Renovación Holding.
Recent fossil fuel arbitration claims based on the ECT: the urgency of neutralizing the sunset clause
The Energy Charter Treaty (“ECT”), the most widely used investment treaty, has become highly controversial for enabling investors to challenge national policies aimed at achieving climate goals through its ISDS mechanism, leading to a phenomenon known as “regulatory chill.