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Case summary: Stati, Ascom & Terra Raf v. Kazakhstan
The dispute is based on the Energy Charter Treaty (ECT) and was initiated by Moldovan businessman Anatole Stati, his son Gabriel Stati and two companies owned by them.
Churchill calls for annulment of ICSID decision on damages claim against Indonesia
Aim-listed Churchill Mining has lodged an application to have the ICSID Tribunal’s decision to dismiss claims for damages against Indonesia
U.S. firm Cobalt threatens arbitration over Angolan oil assets
U.S. oil firm Cobalt said it would seek arbitration if Angola's state-run Sonangol failed to extend license deadlines on two deepwater blocks
The fourth man: an intriguing sub-plot in the Yukos arbitration
The Russian Federation claimed that arbitrator Yves Fortier's assistant turned into a Fourth Man, a covert extra arbitrator who conceived and drafted a large part of the award.
Australian-Canadian miner ordered to pay interest to El Salvador
A giant Australian-Canadian gold mining group, OceanaGold, has been ordered to pay interest on $8 million in legal costs awarded to El Salvador over a lawsuit it lost.
U.S. court upholds award to miner Crystallex in Venezuela dispute
A U.S. court has upheld an award by a World Bank Tribunal that orders Venezuela to pay more than $1 billion to Canadian mining company Crystallex, paving the way for the firm to seize assets for the 2008 expropriation of the Las Cristinas gold project.
Tribunal dismisses Eli Lilly’s NAFTA challenge on promise utility doctrine
The Tribunal found that Eli Lilly had failed to demonstrate that the promise doctrine constitutes a fundamental or dramatic change in the utility requirement under Canadian patent law or that the promise doctrine is arbitrary and/or discriminatory.
Renco failed to comply with formal waiver requirement under US–Peru Trade Promotion Agreement
Renco alleged that Peru breached its TPA obligations to afford fair and equitable treatment and national treatment, as well as certain contractual obligations.
International investment law and arbitration: a conceptual framework
Investor-state dispute settlement (ISDS) has become the most controversial form of international litigation.
ICSID tribunal dismisses claims brought against Indonesia based on forged mining licences
The tribunal considered all claims inadmissible, ordering the claimants to bear all arbitration costs and to reimburse 75 per cent of Indonesia’s legal expenses.