ISDS Case Map
water
Global investment governance needs to be redesigned for the 21st century, with people and the planet at the core.
Squire Patton Boggs has successfully defended the Republic of Estonia against a US$100 million investment treaty claim brought by Estonian water provider AS Tallinna Vesi and its Dutch shareholder United Utilities.
Tallinn water utility Tallinna Vesi has seen its claim against the Estonian state overruled by the International Centre for the Settlement of Investment Dispute (ICSID), and has been ordered to pay costs likely to be in excess of half a million euros.
French water and waste management company receives compensation from the government, settling one of its legal disputes with country dating back to Néstor Kirchner's presidency.
Trade agreements like the RCEP are designed to make it easier for foreign multinational corporations to invest and do business. In doing so, they put the rights of citizens and workers second to profits.
UK investors could seek to move their investments to jurisdiction such as Singapore and Hong Kong where they can take advantage of investment treaty protection, if a potential new Labour govenment were to nationalise public services.
Former Japanese minister Yamada joined forces with 150 lawyers that have challenged as unconstitutional both the TPP agreement and the government’s decision to abolish the seed protection law.
