investor-state disputes | ISDS


Dismissal of $15 billion NAFTA legacy case on Keystone XL pipeline is welcome, but billions in egregious claims still remain
The World Bank has dismissed Canadian oil company TC Energy's $15 billion ISDS case against the US sought due to lack of jurisdiction.
Samir case : Corral Holding awarded only $150 million of claimed $2.7 billion
The ICSID dismissed most of Corral Morocco Holding's claims against Morocco, amounting to $2.7 billion, awarding the group $150 million.
Australian legal experts call for swift removal of ISDS
62 Australian lawyers and legal scholars have issued an open letter urging the Australian government to swiftly implement its policy of excluding Investor-State Dispute Settlement provisions from current and future trade and investment agreements.
S. Korea appeals tribunal order to pay $32m to US hedge fund
South Korea has filed an appeal against a ruling by a Hague-based arbitration court ordering it to pay $32 million to a US hedge fund to compensate for its intervention in the merger of two Samsung affiliates in 2015.
World Bank arbitration tribunal dismisses Emirati oil firm’s EGP 3 bn case against Egyptian government
The World Bank’s ICSID dismissed claims brought against the Egyptian government by UAE-based CTIP Oil & Gas Investment Limited.
SAMIR oil refinery: Morocco rejects $2.7 billion compensation claim from Saudi firm
Morocco dismissed the claims, maintaining that the businessman was engaging in blackmail and illegal maneuvers to obstruct the liquidation process of Morocco’s sole oil refinery, Samir.
Gabriel Resources appeals ICSID ruling on Rosia Montana gold mining project in Romania
Canadian company Gabriel Resources filed an appeal against the decision of the Washington Arbitration Court by which Romania won the case in the Roșia Montană gold mining project, requesting its annulment.
US company battles Nicaragua in arbitration tribunal
The US company is appealing under CAFTA (Central American Free Trade Agreement) for the invasion of its property in Jinotega and the destruction of its avocado and other orchards.
Orla Mining files US$400 million arbitration request in Panama
Orla Mining Ltd. has filed a request for arbitration against the Government of Panama under the Canada-Panama Free Trade Agreement regarding the cancellation of the Cerro Quema mining concession in late 2023.
EU notifies exit from Energy Charter Treaty and puts an end to intra-EU arbitration proceedings
The EU has taken the final step to exit the Energy Charter Treaty; the Union and its Member States have also reached a formal agreement to put an end to the continuation of intra-EU arbitration proceedings under the ECT.