investor-state disputes | ISDS


Summary to empower BoI for renegotiating BITs gathering dust
Under the new template, federal government would not be liable for private investor disputes. Mediation would be made compulsory, while foreign arbitrators would be decided in advance through consensus.
‘Pakistan to renegotiate all bilateral investment treaties’
Pakistan will renegotiate all bilateral investment treaties (BITs) on the basis of new BIT template being finalised by the government, a top official of the Board of Investment said.
Making sense of Sudan's move against Petronas
Sudan's government confiscated Petronas's assets on the grounds that they were acquired "through illegal means" during Omar al-Bashir's regime. Some argue that Sudan is turning on its allies "under the pretext of fighting corruption".
Devas Multimedia eyeing foreign assets of Indian govt to enforce $1.3 bn arbitral award
Devas Multimedia's investors are eyeing several properties owned by the Indian government across the world, as they seek to enforce a $1.3 billion arbitral award the satellite company won against Antri.
Another Turkish firm moves ICSID against Pakistan
Turkish construction company Bayindir filed a claim under the 1995 Turkey-Pakistan bilateral investment treaty at the ICSID on October 12.
Air Canada’s victory against Venezuela: the benefits of international investors relying on a BIT
Air Canada was awarded $20,790,574 million as repatriation, an amount to which it was entitled after set off against sums that were also owed to Venezuela.
States must stop prioritizing investment over human rights – UN experts
UN experts today called on States to ensure that international investment agreements do not provide a “safe harbour” for investors to abuse the human rights of individuals and communities.
Investor-state arbitration and the 'next generation' of investment treaties
Investor–state arbitration has grown over the years to become one of the most dynamic and controversial features of international investment law.
Petronas files for arbitration over Sudan’s assets seizure
PETROLIAM Nasional Bhd (Petronas) has led a request for arbitration at the International Centre for Settlement of Dispute in the absence of positive development on Sudan’s transitional government’s decision to confiscate the company’s assets in Khartoum, Sudan.
Colombia: Environmental defenders criticise ISDS tribunal decision favouring Canadian mining giant
While the tribunal has yet to make a decision about compensation to be paid, Eco Oro Minerals is claiming nearly $700 USD million.