ITN July 2018

• The 2018 Draft Dutch Model BIT: A critical assessment, by Bart-Jaap Verbeek and Roeline Knottnerus
• The Case Against Third-Party Funding in Investment Arbitration, by Frank J. Garcia
• Making the Right to Regulate in Investment Law and Policy Work for Development: Reflections from the South African and Brazilian experiences, by Fabio Morosini
• Conflicts between Latin American Countries and Transnational Corporations: The challenges of the region in the face of asymmetrical investment treaties, by Jorge Marchini, Josefina Morales and Gabriela Roffinelli

News in Brief

• European Commission communication on protection of intra-EU investment rejects ECT as a basis for intra-EU ISDS
• Update on EU trade and investment negotiations: Japan, Vietnam, Australia, New Zealand, Mexico
• United States Trade Representative outlines plan to negotiate model free trade agreement with sub-Saharan African country
• UNCITRAL Working Group III continues debate on ISDS concerns and multilateral reform

Awards and Decisions

• ICSID tribunal finds Spain in breach of the FET standard under the Energy Charter Treaty (Masdar Solar & Wind Cooperatief U.A. v. The Kingdom of Spain, ICSID Case No. ARB/14/1), by Trishna Menon
• Kosovo’s jurisdictional objections prevail against claims of German investor (ACP Axos Capital GMBH v. Republic of Kosovo, ICSID Case No. ARB/15/22), by Kirrin Hough
• UNCITRAL tribunal declines jurisdiction as France–Mauritius BIT does not apply to dual national investor (Dawood Rawat v. The Republic of Mauritius, PCA Case 2016-20), by Pietro Benedetti Teixeira Webber
• Investor ordered by ICSID tribunal to pay Canadian government CAD 9 million following failed NAFTA claim (Mercer International Inc. v. Government of Canada, ICSID Case No. ARB(AF)/12/3), by Matthew Levine
• Luxembourg fund awarded EUR 53.3 for FET breach arising out of Spain’s curtailment of renewable energy incentive schemes (Novenergia II – Energy & Environment (SCA) (Grand Duchy of Luxembourg), SICAR v. The Kingdom of Spain, SCC Case No. 063/2015), by Gladwin Issac

Resources and Events