ISDS Case Map
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Pakistan and Barrick Gold PLC Canada are said to have started negotiations to settle the dispute on Reko Diq as Antofagasta of Chile is seeking financial settlement of their share in the award of $6 billion.
Five fossil fuel companies are already known to be seeking over $18 billion in compensation from governments over energy policy changes and most of these have been brought via the Energy Charter Treaty.
An UAE-based trading and investment firm has filed a lawsuit before the Sindh High Court worth around Rs 74 billion against the State Bank of Pakistan and a private bank for BIT breach, local media reported.
An American energy firm accuses Canada of violating the North American Free Trade Agreement, which has since been replaced by a new free trade deal.
The court accepted Roşia Montana's inclusion on the UNESCO heritage list as a piece of evidence, as an argument for the "bad faith of the Romanian state" invoked by the Canadian company.
The arbitral tribunal rejected the requesting company's request to compensate it in the amount of $29.3 million in addition to the accrued interests.
Kelag, one of the most important energy holding companies in Austria, referred Romania to the World Bank’s ICSID, accusing the country of violating the so-called Energy Charter Treaty.
The Dutch supreme court overturned an order for Russia to pay $50 billion to former shareholders in dismantled oil giant Yukos, but shunted the lengthy legal saga back to a lower court for more hearings.
The arbitration has been discontinued in response to the non-payment of the claimant’s portion of the required advance payment of the costs of the proceeding.
Seen as a step for seizure of assets of Indian PSUs abroad.
