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The new work programme on the future of investment treaties at the OECD
The initiative is aimed at exploring “how the investment treaties of tomorrow could help address these challenges and how to deal with existing agreements in a pragmatic way.”
UNCITRAL Working Group III continues its work on ISDS reform at its 42nd session
UNCITRAL WGIII will reconvene from September 5 to 16, 2022, at its 43rd formal session.
Another round of ECT negotiations
From March 1 to 4, 2022, ECT parties met for their 11th round of negotiations for a possible reform of the treaty but the meeting was overshadowed by rising energy prices and the Russian invasion of Ukraine.
US court stays confirmation of $111-m award for Devas shareholder
The US District Court of Colombia has decided to grant a temporary stay over the confirmation of $111-million award won by Devas’ Mauritius shareholders against India.
Submission to the OECD’s public consultation on investment treaties and climate change
The question is whether states wish to cede a significant portion of their sovereignty to ISDS tribunals, giving them the authority to decide which state measures taken in the public interest are legitimate.
International Law considerations for foreign investors with business interests in Russia
This note focuses on the relevant international law considerations, including the possible remedies that investors may seek in respect of these measures under international investment law.
Romania wins USD 200 mln arbitration against fugitive businessman Popoviciu
The ICSID arbitral tribunal on March 16 this year admitted it had no jurisdiction concerning the applicant Germen and rejected as inadmissible Alverley's application.
Climate action needs investment governance, not investment protection and arbitration
Existing investment treaties do not and cannot advance climate goals.
US court denies relief to Pakistan in Reko Diq case
Washington DC’s District Court has dismissed Pakistan’s motions for stay enforcement of $6 billion award against the country in Reko Diq case.
Ascent Resources slams Slovenian fracturing restrictions
It now says legislators are amending Slovenia's mining law to further restrict "all forms of hydraulic stimulation", and this could increase damages it is due under its arbitration claim.