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Businessman sues SA too
A Johannesburg businessman, trying to sue the Mozambique government for over $91 million (R1 billion), has taken the SA government to court after officials allegedly sided with the neighbouring country in the dispute.
Environmental groups in court to intervene in NAFTA tribunal overstep
Environmental groups in court to intervene in NAFTA tribunal overstep NAFTA tribunal exceeded its jurisdiction when it made determination on what a Canadian environmental assessment panel can decide, groups say.
Samsung Engineering settles dispute with Oman, ISDS withdrawn
Samsung Engineering’s longstanding dispute with the government of Oman has been resolved, and industry insiders expect the resolution to lead to increased business activity between the two down the road.
Bear Creek Mining Corp. v. Peru: the potential impact on damages of an investor’s contributory action and failure to obtain a social license
This post discusses the disagreement between Karl-Heinz Bockstiegel (the president of the tribunal) and Michael Pryles, and Prof. Philippe Sands QC, on the assessment of damages.
A new Micula-type case on the horizon?
The EC claimed intra-EU investment treaty arbitration is in breach of EU law. If the CJEU were to confirm the decision of the EC, the application of the ICSID Convention within the EU would be seriously endangered.
Swedish court upholds $100 million asset freeze on Kazakh shares held in Sweden
Stockholm District Court issued a judgment clearing the way for the Stati parties to collect the US$520 million arbitration award against the Republic of Kazakhstan.
Final arbitration hearings on India tax demand in August: Cairn Energy
Cairn commenced international arbitration proceedings against India under the UK—India Bilateral Investment Treaty in 2015.
Kazakhstan says freeze lifted on $22 billion in oil fund assets
The assets held by the fund’s custodian were frozen last October after a lawsuit by Moldovan businessman Anatolie Stati who seeks to enforce a $500 million arbitration ruling against the Astana government.
Government opposes merger of Vodafone Group’s two arbitrations
The government has opposed Vodafone Group's proposal to merge its two arbitration cases against India, and sought an injunction from Delhi High Court to stop the telco from proceeding with the second arbitration filed in the UK, saying it was an "abusive action".
Rusoro Mining completes funding agreement and ramps up enforcement and collection efforts
Venezuela has steadfastly refused to pay the arbitration award.