investor-state disputes | ISDS


Keystone pipeline developers seek $15 billion from US for cancellation
Developers of Keystone XL are seeking to recoup more than $15 billion in damages connected to President Joe Biden’s decision to yank a permit for the border-crossing oil pipeline even after construction began.
Angola ratifies the ICSID Convention: good news for inbound foreign investment
On 1 September 2021, Angola’s National Assembly ratified the International Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID).
UAE firm files lawsuit worth around Rs 74 billion against State Bank of Pakistan
An UAE-based trading and investment firm has filed a lawsuit before the Sindh High Court worth around Rs 74 billion against the State Bank of Pakistan and a private bank for BIT breach, local media reported.
Landmark ruling reveals misuse of Energy Charter Treaty
The Belgian Appeal Court delivered a landmark ruling in what Kazakhstan's legal representatives described as "one of the biggest frauds in the history of international arbitration."
Decade-old fight over Canadian wind farm heard by arbitration tribunal
An American energy firm accuses Canada of violating the North American Free Trade Agreement, which has since been replaced by a new free trade deal.
Deliberations in Gabriel Resources versus Romania case begin at WB's settlement court
The court accepted Roşia Montana's inclusion on the UNESCO heritage list as a piece of evidence, as an argument for the "bad faith of the Romanian state" invoked by the Canadian company.
Int'l ruling prevents Egypt from paying $30M in compensation to Bahraini company
The arbitral tribunal rejected the requesting company's request to compensate it in the amount of $29.3 million in addition to the accrued interests.
Governments risk 'trillions' in fossil fuel climate litigation
Governments which enact climate legislation risk being sued for trillions of dollars by fossil fuel companies seeking compensation for lost revenue and stranded assets.
Campaign win: Australia cuts ties with Energy Charter Treaty (ECT)
In a significant step forward in the campaign against Investor-State Dispute Settlements (ISDS), Australia has announced its withdrawal from its signatory status to the Energy Charter Treaty.
Russia wins latest round of $50-bln Yukos case
The Dutch supreme court overturned an order for Russia to pay $50 billion to former shareholders in dismantled oil giant Yukos, but shunted the lengthy legal saga back to a lower court for more hearings.