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Washington arbitration to open proceedings in Veolia vs Lithuania dispute next week
The International Center for Settlement of Investment Disputes (ICSID) in Washington will start hearing a lawsuit filed by French energy group Veolia against the Lithuanian state.
Jacob Juma's company loses Ksh300 billion to Kenyan govt
Kenya is set to receive Ksh300 billion after it won a case against Cortec Mining Kenya Ltd, associated with slain businessman Jacob Juma and Stirling Limited for revoking the mining license of niobium and rare earth minerals.
Malawi becomes latest state to accede to New York Convention
Malawi has become the 167th country to accede to New York Convention which governs the recognition and enforcement of arbitral awards made in other countries.
Reforming the investment treaty regime: A ‘backward-looking’ approach
A plurilateral “interpretative statements,” whereby governments endorse joint statements clarifying and defining their positions on contentious clauses in their existing investment treaties would be a practical, flexible and low-cost option.
Nigeria’s lawsuits against Shell could cause oil major exodus
Nigeria has unleashed one of the most spectacular legal attacks on one of its key oil and gas investors, to an extent previously unseen in the country’s more than 60 years of hydrocarbon production.
ISDS: how imperialism wages lawfare on the poor
The continued existence of ISDS in numerous treaties is a testament to the enormous influence and power wielded by transnational capital over governments the world over.
Colombia says UN arbitration tribunal dismisses Naturgy lawsuit
An international court has dismissed a lawsuit for 4.8 trillion pesos ($1.3 billion) filed by Spanish company Naturgy against Colombia over the seizure of its subsidiary Electricaribe.
AfAA launches African arbitration tool
The African Arbitration Association (AfAA) has launched an online tool that provides an overview of arbitration legislation and international arbitrators in Africa.
Cairn wants India to pay $1.4 bn, shareholders to seek enforcement
Cairn said its shareholders expect the use of the company's 'strong powers of enforcement' to recover 1.4 billion.
Indiana set to have US$95m Tanzanian claim heard
The International Centre for the Settlement of Investment Dispute has advised Indiana Resources that the “Arbitral Panel” has now been formed with the first procedural hearing scheduled for the 22nd of April 2021.