investor-state disputes | ISDS


Honduras signs the ICSID Convention
The President of the Republic of Honduras today signed the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, also known as the ICSID Convention.
Eni confirms deal with Nigeria to split OPL 245 oilfield into four licences
The agreement includes the “mutually satisfactory settlement” of all claims related to OPL 245 and the termination of an international arbitration procedure, the Italian energy major said.
Fast-tracking the UAE-Ecuador BIT: Executive decrees, constitutional limits, and democratic resistance to ISDS
What makes this BIT remarkable is how it is being forced through despite clear constitutional text and two recent referenda rejecting ISDS.
UK court rules Spain cannot claim state immunity in renewable energy incentives dispute
Spain cannot ​claim immunity to stop a multimillion-euro award over cuts to renewable energy incentives ‌being registered in Britain, the UK's top court ruled, limiting states' ability to claim immunity in disputes with investors.
AFTINET submission to reviews of ISDS in agreements with Egypt and Eastern European countries
The submission recommends that Bilateral Investment agreements with Hungary, Poland, Czechia, Lithuania and Romania should be terminated without sunset clauses, which preserve existing investor rights to sue after agreements are terminated.
Lupaka Gold sues Peru in the US to enforce nearly US$70mn ICSID award
The Canadian company Lupaka Gold sued Peru before the District Court of Columbia in the United States to enforce an ICSID arbitration award from June 2025 for around US$69 million.
Ex-Yukos investors can enforce $65 billion arbitration award against Russia in UK, court rules
Former Yukos investors can seek to enforce an arbitration award against Russia now worth more than $65 billion over the seizure of the defunct oil group, London's High Court ruled.
Orca’s ICSID case and special dividend put Tanzania’s gas sector in focus
Orca announced three arbitrations at the CSID: one under the Mauritius–Tanzania Bilateral Investment Treaty, and two under the PSA and GA. The claims-valued at roughly US$1.2 billion-allege Tanzania failed to extend the development licence, prolonged the “Protected Gas” regime beyond its contractual term.
2025 in review: ISDS reforms in review
2025 advanced the Working Group's investor-State dispute settlement (“ISDS”) reform agenda mainly by reviewing draft provisions.
Vinci Airports to operate Santiago SCL until 2038 following settlement with Chilean government
Following a favorable arbitration ruling, Nuevo Pudahuel has secured a 36-month extension to its contract at Santiago Airport, ending a multi-million-dollar dispute with Chile.