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Crystallex moves to seize Petroleos de Venezuela Holding & Citgo
Crystallex -- owed $1.4 billion for the expropriation of its Venezuela mining subsidiary -- has moved U.S. Federal Court in Delaware to seize Petroleos de Venezuela Holding, the parent company of PDVSA's American unit Citgo Holding.
BUCG v. Yemen decision clears jurisdictional hurdles for investment claims by Chinese state-owned enterprises under the ICSID Convention
The Tribunal dismissed Yemen’s allegations that state-owned enterprises in the PRC were precluded from bringing claims under the ICSID Convention.
The Bilcon NAFTA tribunal: a clash of investor protection and sustainability-based environmental assessments
The Bilcon tribunal ruling raises a number of concerns about the ability of investor protection tribunals to properly assess whether a foreign investor has been treated fairly under a domestic environmental assessment process.
The political economy of the investment treaty regime
This book synthesises and advances the growing stock of literature on the investment treaty regime by integrating legal, economic, and political perspectives.
Kyrgyz Republic’s experience with investment treaties and arbitration cases
The Kyrgyz Republic currently faces investment claims in the proximity of 1 billion USD, arising out of investment dispute settlement cases.
Spain uses the ICSID award by trimming renewable
The Government of Spain has submitted to international arbitration tribunal ICSID appeal against the ruling which condemned him to pay 128 million euros plus interest to the British firm Eiser Infrastructure.
Burford claims almost half of $324M Argentina arbitration win
Litigation funder Burford Capital stands to take home roughly $140 million from a $324 million recovery against the government of Argentina.
Mixed results in recent arbitral awards concerning Spain’s renewable energy policy
One should be cautious with jumping to conclusions for the still pending Spanish ECT cases.
China-related investment arbitrations: three recent developments
Two recent and potentially inconsistent decisions in claims by PRC investors have raised questions as to the scope of protection under PRC bilateral investment treaties (BITs).
AngloGold turns to UN arbitration as law changes threaten Geita
AngloGold Ashanti joined Acacia Mining in entering into arbitration over legislative changes in Tanzania which entitles the East African country’s government to renegotiate business agreements with mining firms.