investor-state disputes | ISDS


In the 1960s, the World Bank created a mechanism that allows corporations to sue states
The investor-state dispute settlement is a system that empowers foreign investors to sue a sovereign government. It was instituted in the 1960s against the votes of most Latin American countries — and continues to wreak havoc today.
Paris court upholds Air Canada's $21mn claim from Venezuela
The Paris Appeal Court has found in favour of Air Canada in its long-standing dispute with Venezuela over the payment of about USD21 million in compensation for airline ticket revenues withheld by the South American country.
Why this Canadian-owned copper mine is facing fierce opposition in Panama​​
First Quantum notified the government of its intent to initiate arbitration under the Canada-Panama Free Trade Agreement in 2022, during the contract’s negotiation process.
Investment changes coming to ASEAN-Australia-New Zealand free trade agreement
On 21 August 2023, ASEAN, Australia, and New Zealand brought several amendments, improvements and additions to their longstanding free trade agreement known as AANZFTA
To strengthen ties with countries in the Americas and deliver on climate, health, and democracy APEP goals, Pres. Biden should launch all-Americas exit of the Investor-State Dispute Settlement (ISDS) regime
The Investor-State Dispute Settlement regime to date has generated $47 billion in pending corporate demands for taxpayer compensation in claims against the 12 APEP nations’ climate, health, and other public-interest policies.
Winshear Gold moves on from Tanzania project, takes $30 million settlement
Canadian gold explorer Winshear Gold (TSXV: WINS) has ended a longstanding dispute with the Tanzanian government in regards to the company’s licences for the SMP project.
India-UK FTA: Efforts on to also finalise dispute settlement in investment pact
Full-throttle efforts are being made to ensure India-UK FTA and BIT, get finalised simultaneously.
Double hatting in international arbitration
This article aims to explore the issue of double hatting in the field of arbitration in the context of recent developments in the field of international arbitration and the critique against it.
UK at risk of lawsuits if Pacific trade deal not amended, warn civil society organisations and academics
The UK faces “huge financial risk” of lawsuits if the Pacific trade deal is not amended, warn civil society organisations and academics in a joint letter published today.
A shadowy corner of international law is threatening climate action, UN expert warns
An obscure but far-reaching system allowing corporations to sue governments is being “weaponized” by the fossil fuel and mining industries, according to a new UN report, jeopardizing progress in developing nations.