Un tribunal du CIRDI rejette les recours présentés contre l’Indonésie fondés sur des licences minières falsifiées Churchill Mining PLC et Planet Mining Pty Ltd c. la République d’Indonésie, affaire CIRDI n° ARB/12/14 et affaire CIRDI n° ARB/12/40 Inaê Siqueira de Oliveira[*] Après avoir rendu deux décisions distinctes sur la compétence, l’une dans l’affaire présentée par […]
Peter A. Allard c. le Gouvernement de la Barbade, Affaire CPA n° 2012-06 Le 27 juin 2016, un tribunal constitué sous l’égide de la Cour permanente d’arbitrage (CPA) a rejeté tous les recours présentés par l’entrepreneur canadien Peter A. Allard contre la Barbade au titre du Traité bilatéral d’investissement (TBI) Canada-Barbade et du Règlement d’arbitrage […]
US$1.76 billion dollar award levied against Ecuador in dispute with Occidental; tribunal split over damages Occidental Petroleum Corporation and Occidental Exploration and Production Company v. The Republic of Ecuador, ICSID Case No. ARB/06/11 Damon Vis-Dunbar The Republic of Ecuador has been ordered to pay US$1,769,625,000 billion in damages—the largest award to be handed down […]
Georgia loses dispute with Greek and Israeli oil investors Ioannis Kardassopoulos and Ron Fuchs v. The Republic of Georgia (ICSID Case Nos. ARB/05/18 and ARB/07/15) Martin D. Brauch Two oil traders have been awarded more than US$45 million each in damages from the Republic of Georgia in an ICSID award that advances a broad interpretation […]
By Elizabeth Whitsitt March 11, 2010 In the past two months, arbitral tribunals have been convened in a few ICSID arbitrations. Most recently, a tribunal was constituted in a dispute initiated by an American investor against the Republic of Egypt in relation to the alleged expropriation of its investment in the Arab Republic’s hotel and […]
By Elizabeth Whitsitt February 14, 2010 A notice of dispute forwarded to Barbados some five months ago by Mr. Peter Allard, Canadian owner of the Graeme Hall Nature Sanctuary, contends that the Government of Barbados has violated its international obligations by refusing to enforce its environmental laws. Located on the south coast of Barbados, Graeme […]
By Fernando Cabrera Diaz December 6, 2009 (Note: a correction has been made to this article. An explanation is posted below) German investor Reinhard Unglaube, a resident of Costa Rica, has commenced arbitration against his host country over the latter’s refusal to grant the appropriate permits to extend his eco-tourist hotel complex in Playa Grande, […]
By Elizabeth Whitsitt 8 June 2009 On 1 June 2009 an ICSID tribunal found the Arab Republic of Egypt liable to Mr. Waguih Elie George Siag and Mrs. Clorinda Vecchi for damages totaling more than US$74 million plus interest after finding that Egypt violated numerous provisions of the Italy-Egypt bilateral investment treaty. The claimants in […]
By Damon Vis-Dunbar 13 November 2008 The Canadian government has been sent two letters from outdoor tour companies signaling intent to sue for alleged breaches of the North American Free Trade Agreement. Both outfitters complain that their businesses suffered when the Province of Quebec changed the rules for distributing fishing licenses. The two businesses led […]