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The Paris Court of Appeal decides in favor of Gold Reserve Inc.
The Paris Court of Appeal rejected all of Venezuela’s arguments and issued a judgment dismissing the annulment applications filed by Venezuela pending before the French courts in relation to the arbitral award rendered by the ICSID
International tribunal awards JKX Oil USD12.0 million in damages
JKX Oil said the tribunal found the government of Ukraine was in breach of elements of the bilateral investment treaty between the UK and Ukraine.
Case summary: Rusoro v. Venezuela
Venezuelan president Hugo Chavez nationalized the Venezuelan gold sector through an official decree during the summer 2011. Rusoro claimed that the decree violated the bilateral investment treaty between Canada and Venezuela.
High Court stays £173m international settlement award
The High Court has handed down a judgment which stays enforcement of an international dispute resolution award in Micula v. Romania case
Croatia seeks annulment of UNCITRAL's INA-MOL ruling before Swiss court
Croatia has lodged a request with the Federal Supreme Court of Switzerland for the annulment of an arbitral award in the case INA-MOL
Arnold & Porter Kaye Scholer obtains ICSID victory for Republic of Costa Rica in Spanish investor’s emissions control dispute
The dispute arose out of a concession contract for the mandatory safety inspection and emissions control of motor vehicles.
"In Chinese investment treaties, questions arise on who qualifies for protection"
Despite recent criticism from some quarters concerning the use of investment treaties and free trade agreements, the Chinese investment treaty system remains firmly in place.
Bye-bye BITs? Poland reviews its investment policy
Poland is clearly sceptical regarding investment protection granted by BITs containing an ISDS system in a current form.
Churchill mulls response over tribunal costs
Churchill Mining continues to see whether there are grounds to seek a revision of annulment of costs awarded against the company.
International arbitration news round-up
Argentina, Chile, Colombia, Venezuela