ICSID Tribunal Finds it Lacks Jurisdiction to Proceed with Arbitration under ICSID’s Additional Facility Rules And it Cannot Expand a Consent to Arbitration By Resorting to An MFN Clause in a Third Country BIT
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On 21 December 2021, the Civil Law Division of The Hague Court of Appeal set aside the award [see the unofficial English translation here] delivered...
Republic of Senegal: The First State Taken to ICSID in 2022 Regarding Dispute Over Sendou Power Plant
While the specific grounds for the complaint are not yet known, the claim allegedly relates to the ownership of shares and control in Compagnie...
Czech Republic Prevails in ICSID Proceedings against Swiss Investor, Pawlowski, in Long Running Real Estate Dispute Related to Residential Development Project
Despite finding that the District of Benice’s actions clearly amounted to an abuse of powers, the Tribunal held that the investor failed to...
Following Constitutional Court Ordered Ban on Mining, Cornerstone Analyses Options Against Ecuador, Including Those under Canada-Ecuador BIT
In a ruling seen as a blow to the entire mining sector, Ecuador’s Constitutional Court upheld, on 21 December 2021, the Multicompetent Chamber...
Codelco Commences Arbitration Proceedings Against Ecuador Before ICSID in Connection with Llurimagua Mining Project
The Chilean company Codelco, the world's largest copper producer, announced on 24 December 2021 that it had notified the General Secretariat of the...
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