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Corporate update – UNESCO inscription of Roşia Montană
The UNESCO application and inscription are fundamentally at odds with Romania's obligations under its investment treaties in relation to Gabriel’s gold and silver project.
LiTak-Tak plans to bring EUR 140 mln arbitration claim against Lithuania
The Ukrainian owners of Lithuania's air defense systems developer and producer LiTak-Tak has submitted a claim to the Lithuanian government, saying they will turn to international arbitration if no deal is reached within six months.
ISDS case map
How an obscure energy treaty is delaying climate action
The Energy Charter Treaty, which gives oil and gas companies a route to suing governments, is increasingly hindering climate policy reform, say campaigners. And it is not the only agreement of its type.
Russia vows to fight tribunal demand for $2.6-bln payout to Yukos Capital
The Russian Prosecutor General’s Office stressed that Russia’s well-founded position had made it possible to reject most of requirements made by Yukos Capital.
Cairn arbitration: Govt confirms French court order against Indian assets
The government confirmed that a French court has ordered the freezing of certain Indian assets on a petition by Britain's Cairn Energy, which is seeking to recover USD 1.72 billion arbitration award.
State aid: Commission opens in-depth investigation into arbitration award in favour of Antin to be paid by Spain
The European Commission has opened an in-depth investigation in order to assess whether an arbitration award, to be paid by Spain in favour of Antin, is in line with EU rules on State aid.
RWE and Uniper: Can (German) courts assess the jurisdiction of ICSID arbitral tribunals?
The Dutch Ministry of Economic Affairs initiated “anti-arbitration” proceedings before the German courts to “avert” two ECT-based ICSID arbitrations brought against it by the German energy companies RWE and Uniper.
Arbitration cases against Croatia concerning CHF loan conversion suspended
Four arbitration cases brought by banks against Croatia before the ICSID connected with the conversion of CHF-denominated loans were suspended on 30 June.
Toxic fracking vs. Slovenian democracy
Amid the climate and environmental emergency, a British oil and gas company is threatening to sue Slovenia for requiring an environmental impact assessment for a controversial gas fracking project.