Tag: icsid arbitration

Showing 24 out of 31 results

13 June 2014

No consent to ICSID jurisdiction found under Venezuelan Investment Law: distinction drawn between the intention of the drafters and the intentions of the State

In OPIC Karimun Corporation v Venezuela, an ICSID tribunal has held that Venezuela's Investment Law's reference to ICSID did not, without more, provide …

06 June 2014

Egypt prevails on "fork-in-the-road" provision

In an unpublished ICSID decision last month (the Decision), reported in Global Arbitration Review and Investment Arbitration Reporter, the Arab Republic …

06 May 2014

Tanzanian Courts Injunct ICSID Proceedings

On 23 April 2014, the Tanzanian High Court ordered both parties in on-going ICSID arbitration proceedings, Standard Chartered Bank (Hong Kong) Limited …

16 January 2014

Breach of fair and equitable treatment standard (ICSID)

In Ioan Micula and others v Romania (ICSID Case No. ARB/05/20), an ICSID tribunal considered whether Romania was in breach of the Sweden-Romania …

14 October 2013

Argentina settles five outstanding investment treaty arbitration claims in historic break with its anti-enforcement stance

Argentina has agreed to settle five separate investment treaty arbitration claims at a cost of around USD 500 million, in an historic departure from the …

09 September 2013

Pakistan Supreme Court declares a contract – and the arbitration clause within that contract – void on public policy grounds

In a decision earlier this year the Pakistan Supreme Court declared that a joint venture agreement between a local development authority and BHP for the …

20 March 2013

Further steps given by Ecuador to terminate its bilateral investment treaty with the USA

On 6 March 2013, Ecuador's President, Mr Rafael Correa, requested that Ecuador's legislature (the National Assembly) approve the denunciation of the …

06 March 2013

President Hugo Chavez's Legacy: What Future for Investors in Venezuela?

Overnight the Venezuelan government has confirmed the death of President Hugo Chavez after a long battle with cancer. President Chavez had been a …

20 February 2013

Ambiente Ufficio S.p.A. and others v Argentine Republic (ICSID Case No ARB/08/9)

In Ambiente Ufficio S.p.A. and others v Argentine Republic, an ICSID tribunal held that it had general jurisdiction over a multi-party claim commenced by …

14 February 2013

Tribunal navigates the procedural minefield in Abaclat v Argentina, issuing its 17th procedural order

On 8 February 2013, the majority of the tribunal in the famous Abaclat and Others v Argentina case issued its 17th procedural order. The first such order …

17 January 2013

Partial annulment of ICSID award against Chile

In the latest instalment of the Victor Pey Casado and Foundation "Presidente Allende" v Republic of Chile saga, an ad hoc committee (the Committee) has …

09 November 2012

The Law of State Responsibility: University's conduct not attributable to Ukraine

In an Award on jurisdiction and liability published on 25 October 2012, an ICSID Tribunal dismissed the claims brought by US investors Bosh …