investor-state disputes | ISDS


Their mines ruined communities. Now they want compensation
In Colombia, lawsuits by foreign corporations are obstructing a fossil fuel phase-out at the expense of the indigenous Wayúu community.
Pakistan agrees to new ISDS provisions, despite previous policy to terminate ISDS agreements
Pakistan’s previous policy, initiated in 2021, sought to terminate its bilateral investment treaties to avoid further ISDS cases by international investors.
Nexo initiates international arbitration case against Bulgaria
Cryptocurrency-based financial services company Nexo has filed a case against Bulgaria in an international arbitration court in the USA.
Islamabad accepts Riyadh-Doha term to allow international arbitration incase of dispute
Pakistan has negotiated to include a graduated approach for settlement of investment disputes between the state and investors.
Hong Kong investors plan AT1 action against Switzerland
Investors in Hong Kong are preparing to file a request for arbitration against the Swiss government for writing off the AT1 bonds issued by Credit Suisse, claiming the move was at odds with a bilateral investment treaty between the jurisdictions.
European Commission publishes model BIT clauses between EU member states and third countries
In September 2023, the European Commission has unveiled a non-paper presenting model clauses for BITs between EU member states and third countries.
How wealthy corporations use investment agreements to extract millions from developing countries
When Ecuador placed a windfall tax on foreign oil operations, French and U.S. companies filed claims—and were awarded more than $800 million.
Tribunal reject first ICSID claim brought against Norway
Peteris Pildegovics and SIA North Star argued that Norway had violated the BIT between Latvia and Norway in relation to alleged investments of the claimants in snow crab harvesting licenses and harvesting vessels.
Deadlock as member states disagree over withdrawal from Energy Charter Treaty
Decision on whether to part from treaty remains in limbo, with some EU countries wanting to stay and others having already departed.
Al Habtoor group issues a notice of an investment dispute against Lebanon
Emirati conglomerate Al Habtoor Group served a notice of an Investment Treaty Dispute against the Lebanese Republic in connection with Lebanon’s breaches of the Bilateral Investment Treaty between the United Arab Emirates and Lebanon.