Global Arbitration Review - Investment Arbitration

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The most recent articles from investment arbitration
Updated: 1 year 6 days ago

Odebrecht bribery ruling upheld in Colombia

Wed, 2020-10-14 09:42

Colombia’s highest administrative court has upheld an award that nullified an Odebrecht consortium’s contract for a billion-dollar highway construction on grounds of corruption – a project that has also...

Spain solar case moves to quantum phase

Wed, 2020-10-14 09:00

An ICSID tribunal has found Spain liable for breaching a German solar investor’s legitimate expectations through the state’s renewable energy reforms – but said it would apply a discount to the damages...

Another bank’s claim against Croatia clears intra-EU hurdle

Tue, 2020-10-13 18:00

An ICSID tribunal hearing an Austrian bank’s claim against Croatia has by majority rejected the state’s argument that the underlying bilateral investment treaty is incompatible with the EU legal order...

Orange brings claim against Iraq

Tue, 2020-10-13 13:00

French telecoms group Orange has filed an ICSID claim against Iraq over the alleged expropriation of its US$400 million investment in a Kurdistan-based mobile phone operator. The Financial Times reported...

Renewables investors renew threats against Ukraine

Tue, 2020-10-13 13:00

Renewable energy investors are once again preparing to file investment treaty claims against Ukraine over reforms to its tariffs regime, alleging the state has failed to make good on an agreement designed...

Egypt fails to knock out mining claim

Tue, 2020-10-13 13:00

An ICSID tribunal has refused to dismiss a third-party funded claim brought against Egypt by Australia-based mining investors, ruling that the treaty between the countries contains advance consent to arbitration....

Israeli investor fails in claim against Guatemala

Mon, 2020-10-12 13:00

A divided UNCITRAL tribunal has dismissed an Israeli energy company’s US$117 million claim against Guatemala, ruling that the state is not liable for pursuing a criminal investigation into the tax affairs...

Qatari bank brings claim against South Sudan

Sun, 2020-10-11 18:00

South Sudan is facing an ICSID claim from a commercial bank part-owned by Qatar’s sovereign wealth fund that reportedly lent hundreds of millions of dollars to the country during its civil war. The...

Spain seeks to annul renewables award

Fri, 2020-10-09 10:00

Spain is seeking to annul an Energy Charter Treaty award won by European hydropower investors, in one of the many cases relating to the state’s renewable energy reform. The state’s request to annul...

Eni brings ICSID case over Nigeria corruption claims

Thu, 2020-10-08 09:50

Italian energy company Eni has launched an ICSID arbitration against Nigeria in response to the state’s allegations that its US$1 billion purchase of an oil prospecting licence was the product of corruption....

Italy faces new renewables claim

Wed, 2020-10-07 18:00

A group of renewable energy investors is the latest to bring an Energy Charter Treaty claim against Italy over reforms to its solar power sector. The claim, brought by Frankfurt-listed Encavis and 58...

Nigeria defeats multibillion-dollar oil claim

Wed, 2020-10-07 13:00

Nigeria has defeated an ICSID claim said to be worth around US$3 billion, brought by US investors who alleged the state had conspired to expropriate their stake in an oil exploration venture. In a unanimous...

Slovakia avoids damages in water dispute

Tue, 2020-10-06 18:00

An UNCITRAL tribunal has found Slovakia liable in a €128 million claim brought by a Polish mineral water producer, while refusing to grant the claimant any damages.  In an award issued today, a tribunal...

Chevron resumes claim against Thailand

Mon, 2020-10-05 18:00

Chevron has resumed a US$2 billion contractual arbitration against Thailand over decommissioning costs for an offshore gas field. The US oil company told Reuters last week that it had been “regretfully...

Renewables investors to renounce awards against Spain

Mon, 2020-10-05 18:00

A Dutch energy company will waive a €64.5 million Energy Charter Treaty award against Spain in order to qualify for the state’s new renewables incentives regime, while two other award creditors may soon...

Renewables investors to renounce claims against Spain

Mon, 2020-10-05 18:00

A Dutch energy company will waive a €64.5 million Energy Charter Treaty award against Spain in order to qualify for the state’s new renewables incentives regime, while two other award creditors may soon...

Azerbaijani investor to claim against Georgia

Fri, 2020-10-02 13:00

An Azerbaijani investment group says it will file an ICSID claim against Georgia after state authorities appointed a special manager to the board of a local internet provider in which it has an interest....

Fintech claim against Kosovo underway

Thu, 2020-10-01 13:00

An ICC tribunal has begun hearing a claim brought against Kosovo by an Estonian fintech company after the state’s central bank revoked the business licence of its subsidiary due to the interest rates charged...

Spanish food importer threatens Mexico

Wed, 2020-09-30 13:00

A Spanish businessman who ran a business importing gourmet foods has threatened to bring an investment treaty claim against Mexico after its customs authorities impounded and destroyed a container of his...

Australian miner launches claim against Tanzania

Tue, 2020-09-29 18:00

A Perth-based miner has made good on a threatened US$95 million ICSID claim against Tanzania over the alleged expropriation of a nickel project following the state’s revocation of various mining licences....