ICSID

International Centre for Settlement of Investment Disputes (World Bank)

Ecuador signs the ICSID Convention
Ecuador had denounced the ICSID Convention in 2009. The convention establishes the institutional and legal framework for resolving international investment disputes.
Oil companies don’t deserve reparations for fossil fuel bans. They’ll still want them
Energy conglomerates have recourse to special courts and legal regimes that they helped design – and they won’t go down without a fight.
From gunboats to treaties: Who wrote the rules of globalisation?
From colonisation to investor-state dispute settlements, rich countries have sought to exploit and influence their poorer counterparts for centuries, but how did globalisation in its current form come to be?
Nobel economist and 100 experts condemn corporate action against Argentina and Bolivia after rollback of failed pension privatization
Private insurance corporations are suing Argentina and Bolivia for loss of potential profits as a result of the reversal of privatization of pension programs.
Jacob Juma's company loses Ksh300 billion to Kenyan govt
Kenya is set to receive Ksh300 billion after it won a case against Cortec Mining Kenya Ltd, associated with slain businessman Jacob Juma and Stirling Limited for revoking the mining license of niobium and rare earth minerals.
AfAA launches African arbitration tool
The African Arbitration Association (AfAA) has launched an online tool that provides an overview of arbitration legislation and international arbitrators in Africa.
Shell files arbitration claim against Nigeria over spill dispute
ROYAL Dutch Shell Plc launched arbitration proceedings against the Nigerian government over a long-running community dispute.
Record year for arbitration cases registered with ICSID
According to ICSID, there were 58 new cases registered with it last year, up from the previous record high of 56 in 2018 and the 39 recorded in 2019.
Reko Diq Case: NAB unearths corruption to the tune of billions
National Accountability Bureau (NAB) Balochistan has collected irrefutable evidence revealing that billions of rupees have been lost to the national exchequer in the Reko Diq project after the bureau scrutinized its 30-year record.
Project finance protected as foreign investment in investor-state arbitration in Mexico
For the first time, an ISDS tribunal has qualified project finance as a foreign investment protected under an investment treaty.