ISDS Case Map
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Update to Allen & Overy 2012 study shows increases on all metrics but, importantly, tribunals taking more nuanced and rigorous approach to parties’ costs
Since the auto major has approached the Madras High Court, remedy under a treaty would now be barred, the Government said.
A majority tribunal at the International Centre for Settlement of Investment Disputes awarded Caratube International Oil Company LLP USD 39.2 million plus interest for the unlawful expropriation of its oil contract rights by Kazakhstan.
Sonangol E.P and Cobalt International Energy, Inc announced the signing of an agreement to resolve all disputes between the two companies.
The legal row between Stati, his son Gabriel, two family-controlled companies and the Republic of Kazakhstan has dragged on for years in various courts.
More than 40 governments met as part of a working group of the UN Commission on International Trade Law (UNCITRAL) to discuss reforms to the investor-state dispute settlement system.
Secrecy in the outcomes of investment arbitration remains high in part because parties have found ways to use settlements to hide relevant information.
Last year, Pakistan won a case against the UK-based shareholder of Progas Pakistan in the International Centre for Settlement of Investment Disputes.
The Republic of Moldova has won the case in the international process initiated by the Russian companies Evrobalt and Kompozit in May and June of 2016, after the NBM suspended their rights and forced them to sell their shares at Moldova Agroindbank.
No ASEAN country grants general consent to investor–state arbitration in its investment law.
