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Intra-EU ECT claims post-Achmea: Vattenfall decision paves the way
Tribunals still grappling with the intra-EU question, especially those in ECT cases, are certain to pay great attention to the carefully crafted Vattenfall decision. Its reasoning may well serve as a blueprint for further decisions and awards in similar cases.
Pakistan’s overseas assets at risk after court verdict
Pakistan’s assets abroad are at risk of being taken over as a security to implement the international arbitration court’s ruling.
Congo declares cobalt 'strategic', nearly tripling royalty rate
Foreign investors say the tax hikes under the new code will deter further investment and have threatened to challenge some parts of the regulation in arbitration.
Ukraine's Oschadbank awarded $1.3 bln from Russia over Crimea loss
Ukraine's Oschadbank has been awarded $1.3 billion by an international arbitration court in respect of the bank's claims against Russia to compensate for loss of business and assets in Crimea following Moscow's annexation of the peninsula in 2014.
Uruguay faces arbitration claim over collapsed airline
A Panamanian holding company has threatened to bring an arbitration claim against Uruguay over the renationalisation of an airline.
The case of Ampal v Egypt: What are the parameters of the due diligence standard?
A reasonable ICSID Tribunal would have followed the paths of previous arbitral decisions in determining the liability of a host state under the Full Protection and Security obligation, the Ampal Tribunal did not.
Four Romanian millionaires, two foreign companies sued Romania at Washington commercial court for over EUR 7 bln
Romania is the subject of six commercial trials at the World Bank’s International Centre for Settlement of Investment Disputes (ICSID), with the claimants demanding more than EUR 7 billion in damages.
Romania wins trial at ICSID Washington against energy trader Alpiq
The Romanian government has won a trial at World Bank’s International Centre for Settlement of Investment Disputes against the Swiss-based energy trader Alpiq in a case related to Hidroelectrica insolvency procedure.
Sh426 billion cases filed against Tanzania in global courts
Tanzania is currently facing 13 cases on investment disputes in various international courts with $185.58 million (about Sh426 billion) demanded.
Randgold ready to mediate in Acacia's Tanzania row before Barrick tie-up
Acacia threatened in October to use a bilateral investment treaty to force direct negotiations with Tanzania after Barrick failed to settle the row that has rumbled on for more than a year and a half.