ITN Quarterly May 2016
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Features
- Mappinginvestmenttreaties.com: Uncovering the secrets of the investment treaty universe, by Wolfgang Alschner and Dmitriy Skougarevskiy
- The Need for a Southern Observatory on Transnational Investment, by Fredy Trujillo and Silvia Perugachi
- An interview with Lauge Poulsen, author of Bounded Rationality and Economic Diplomacy
News in Brief
- US$50 billion awards against Russia in Yukos cases are set aside by Dutch court
- TTIP draft to be prepared by July; ISDS being built based on both EU and U.S. proposals
- China–United States BIT: ISDS to be included; ongoing negotiations on negative lists
- Three mining disputes: the first investment disputes against Colombia come to light
- Canada–European Union CETA re-concluded in February to incorporate EU ICS proposal
- Second ICSID claim filed against Uruguay; Philip Morris decision still pending
- Singapore International Arbitration Centre releases investment arbitration rules
Awards and Decisions
- ICSID tribunal awards damages for Venezuela’s indirect expropriation of steel industry investment (Tenaris S.A. and Talta-Trading e Marketing Sociedade Unipessoal LDA v. Bolivarian Republic of Venezuela, ICSID Case No. ARB/11/26), by Matthew Levine
- The first ICSID case against Guinea is dismissed for lack of jurisdiction (Société civile immobilière de Gaëta v. Republic of Guinea, ICSID Case No. ARB/12/36), by Stefanie Schacherer
- Slovenia is condemned to pay €20 million in damages and US$10 million in costs to Croatian national electric company (Hrvatska Elektroprivreda d.d. v. Republic of Slovenia, ICSID Case No. ARB/05/24), by Inaê Siqueira de Oliveira
- The only known investment treaty arbitration against Equatorial Guinea fails on jurisdictional grounds (Grupo Francisco Hernando Contreras, S.L. v. Republic of Equatorial Guinea, ICSID Case No. ARB(AF)/12/2), by Martin Dietrich Brauch
- ICSID tribunal orders Zimbabwe to return expropriated farms (Bernhard von Pezold and others v. Zimbabwe, ICSID Case No ARB/10/15), by Jacob Greenberg
Resources and Events