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In Kazakhstan’s mammoth legal battle with two Moldovan investors, the pendulum is swinging in favour of the Central Asian state
Kazakhstan claims that two Moldovan investors, Anatol and Gabriel Stati, fraudulently won an arbitration award of 500 million US dollars.
ISDS case map: Health
ISDS case map: Fossil fuels
ISDS case map: Services
ISDS case map: Mining
ISDS case map: Electric power
ISDS case map: Agribusiness
Canada releases updated FIPA model: a step forward for the ISDS system
Canada released its “modernized and inclusive” Foreign Investment Promotion and Protection Agreement Model, sending a message that it intends to continue to provide international dispute resolution protections to foreign investors.
The Advocate General calls for additional requirements to be satisfied in order for an individual arbitration agreement in intra-EU investment arbitration to be compatible with EU law
For the Advocate General , the award must be subject to a comprehensive review of the award in light of EU law and the arbitration agreement must not violate the principle of equal treatment.
Devas’ investors push for amicable settlement of row
Devas (Mauritius) Ltd, Telcom Devas Mauritius Ltd and Devas Employees Mauritius Pvt. Ltd are seeking to enforce an international arbitration award they had won in 2015.