ICSID

International Centre for Settlement of Investment Disputes (World Bank)

Air Tanzania aircraft may be seized over $100 million mining compensation claim
Australian-based exploration company Indiana Resources has threatened to attach one of Air Tanzania's aircraft to force the Tanzanian government to pay nearly $100 million as compensation for a failed nickel project.
Albanian PM threatens to quit international arbitration body
Premier Edi Rama reacted angrily to a decision by a World Bank-funded international arbitration body to grant around 110 million euros in compensation to an Italian businessman who claimed he was politically persecuted in Albania.
Recognition, enforcement and recovery of investment treaty awards: part one
This article provides a concise summary of the enforcement framework for investment treaty awards under the two most important conventions governing this subject.
Guatemala will conclude arbitration of more than 12 years with Teco Holdings LLC
In a settlement agreement, Guatemala agreed to pay approximately US$46 million to Teco Holdings LLC, in order to conclude the investment arbitration that the company filed against Guatemala in November 2010.
Air Tanzania plane seized in the Netherlands
Air Tanzania Company Limited plane has been seized in the Netherlands after a Swedish firm won a $165 million award against Tanzania due to revoked land title in the Bagamoyo sugar project.
Lone Star, other investor-state disputes cost Korea W68.5b
South Korea has spent nearly 68.5 billion won ($48.1 million) in total to fight and settle investor-state dispute settlements since 2013,#including its battle with US-based private equity firm Lone Star, data showed.
Social movement reflections on FTAs in the new Chilean constitution
Interview with Chilean activist Lucía Sepúlveda Ruiz.
Kyrgyzstan ratifies ICSID Convention
Kyrgyzstan government deposited with the World Bank a document on the ratification of the ICSID Convention, thereby completing the process of joining the world's leading institution for resolving international investment disputes.
ICSID tribunals fail to address the imbalance between sustainable development principles and investment protections
The analysis of the existing approach adopted by tribunals does not give rise to much hope of ICSID tribunals’ ability to understand and apply the principle of sustainable development.
The World Bank can’t be trusted to stand up to big fossil fuel companies
Extractive companies are the most frequent users of the investor-state dispute settlement system (ISDS), making up 29 percent of all ICSID claims in fiscal year 2021.