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This company is suing the US over the keystone pipeline cancellation. taxpayers are footing the bill
The lawyers, meanwhile, are living handsomely.
Arbitral Tribunal rejects claim against Armenia on confiscating around $331 million
This arbitration case related to the construction of the railway and highway construction projects was initiated in accordance with the investment treaty between the United States of America and the Republic of Armenia.
Kawana Bay developers say amicable settlement remains open
The developers of the hotel project in Grenada say while an amiable settlement remains open, the “extensive damage to the project caused by the actions of the former government has severely complicated and handicapped the efforts towards settlement.
US government seeks to dismiss Keystone XL pipeline case, while taxpayers have already spent $250,000 to NAFTA arbitration tribunal
The State Department requested the $15 billion case be thrown out on jurisdictional grounds, as President Joe Biden revoked the permit for the pipeline on his first day in office, long after the US-Mexico Canada Agreement was in effect.
Energy Charter Treaty: How it drove up the costs of the German coal phase-out
This briefing highlights the role the Energy Charter Treaty (ECT) has played in the German coal phase-out. It reveals that the ECT has influenced the coal phase-out in two important ways.
Revisiting the BITs of Bangladesh
Bangladesh as a capital importing country must tailor the four core provisions of BITs namely – fair and equitable treatment; expropriation; non-precluded measures; and monetary transfer provisions to safeguard its regulatory power as host state.
The originality of outsiders: Innovation in the investment treaty system
Individuals who have not spent their careers within the field of investment arbitration (and are perceived as ‘outsiders’ by those within that field) have developed more disruptive reform proposals while arbitral insiders have typically proposed sustaining reforms.
Bolivia found liable for violating the FET standard and the prohibition to adopt arbitrary measures when implementing nationalization on the pension system
The tribunal rejected Bolivia’s objection on jurisdiction and, on the merits, found that Bolivia had breached the FET standard and the prohibition to adopt arbitrary measures. BBVA was awarded USD 94.8 million in damages.
Tribunal finds Spain’s changes to its regulatory regime to have violated investors’ legitimate expectations under ECT’s Art. 10(1)
The claimants alleged that Spain had induced foreign investment in renewable energy sources, and then subsequent changes to the regulatory scheme had fundamentally altered and abolished the framework.
Guatemala will conclude arbitration of more than 12 years with Teco Holdings LLC
In a settlement agreement, Guatemala agreed to pay approximately US$46 million to Teco Holdings LLC, in order to conclude the investment arbitration that the company filed against Guatemala in November 2010.