investor-state disputes | ISDS


An India-UK investment treaty might soon be clinched
India and UK seem to have moved towards common ground on dispute settlement, which was the most controversial part of the bilateral investment treaty.
DTEK energy company claims $ 267 million victory in The Hague against Russia over Crimea assets
DTEK Group prevails in The Hague case, securing a $267 million award from Russia for the confiscation of assets in occupied Crimea.
Blow to Putin as Russia faces UK trial over $60bn Yukos oil battle
The Russian state will go on trial for failing to pay $60bn (£49bn) to former shareholders of defunct oil behemoth Yukos, after a British judge blocked the country’s bid for immunity.
Even rich nations now worried about ISDS
Governments the world over are worried about investor-state dispute settlement (ISDS) rules. These allow foreign investors to sue them for billions over new laws or policies reducing their profits.
In the 1960s, the World Bank created a mechanism that allows corporations to sue states
The investor-state dispute settlement is a system that empowers foreign investors to sue a sovereign government. It was instituted in the 1960s against the votes of most Latin American countries — and continues to wreak havoc today.
Paris court upholds Air Canada's $21mn claim from Venezuela
The Paris Appeal Court has found in favour of Air Canada in its long-standing dispute with Venezuela over the payment of about USD21 million in compensation for airline ticket revenues withheld by the South American country.
Why this Canadian-owned copper mine is facing fierce opposition in Panama​​
First Quantum notified the government of its intent to initiate arbitration under the Canada-Panama Free Trade Agreement in 2022, during the contract’s negotiation process.
Investment changes coming to ASEAN-Australia-New Zealand free trade agreement
On 21 August 2023, ASEAN, Australia, and New Zealand brought several amendments, improvements and additions to their longstanding free trade agreement known as AANZFTA
To strengthen ties with countries in the Americas and deliver on climate, health, and democracy APEP goals, Pres. Biden should launch all-Americas exit of the Investor-State Dispute Settlement (ISDS) regime
The Investor-State Dispute Settlement regime to date has generated $47 billion in pending corporate demands for taxpayer compensation in claims against the 12 APEP nations’ climate, health, and other public-interest policies.
Winshear Gold moves on from Tanzania project, takes $30 million settlement
Canadian gold explorer Winshear Gold (TSXV: WINS) has ended a longstanding dispute with the Tanzanian government in regards to the company’s licences for the SMP project.