ISDS Case Map
Luxembourg
An arbitration tribunal found that Spain’s electricity reforms breached its obligation to accord to the investor fair and equitable treatment under the Energy Charter Treaty
The English High Court has set aside parts of an award concerning claims brought by Griffin against Poland; Poland has reserved the right to argue the compatibility of the BIT with EU law.
In a second international ruling against retroactive cuts in renewables support introduced by the Spanish government in 2013, a Swedish arbitration panel has awarded a Luxembourg-based investment firm €53 million compensation.
The recent Eiser v. Spain ICSID award is yet another example of a state being condemned to pay a large monetary sum merely because an investor has been economically disadvantaged by a reasonable and necessary regulatory change.
The tribunal ruled that the investor did not have a head office in Luxembourg and had abused its rights to “give the impression that it had a Luxembourg head office”
A World Bank tribunal ordered Venezuela to pay steelmaker Tenaris SA $162 million for expropriating two investments in the country
The settlement stipulates that the arbitration lawsuit has been annulled. ArcelorMittal filed this lawsuit against the Egyptian government 18 months ago before the ICSID.
More than 4,000 people gathered in Luxembourg City to protest against controversial free trade agreements CETA and TTIP.
Over half of Luxembourg residents believe free-trade partnerships bring more disadvantages to Europe, and 40 percent think the current TTIP negotiations should be suspended.
For those uninitiated in the world of international arbitration, below is the primer of the issues at play in the South Korea-Lone Star Funds arbitration.
