December 2009 - News and Commentary - Investment Treaty News (ITN)

Very High Standard of Review for ICSID Annulment Applications Confirmed

By Elizabeth Whitsitt December 6, 2009 An ad hoc committee, established pursuant to the ICSID Arbitration Rules, has rejected the annulment application of two US power companies: M.C.I. Power Group, L.C. (MCI) and New Turbine, Inc. (New Turbine). The...

Published Fri, Dec 04 2009 4:20 AM by Elizabeth

German investor launches ICSID case against Costa Rica over alleged expropriation of land near endangered turtle habitat

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...

Published Fri, Dec 04 2009 4:16 AM by Elizabeth

Arbitrator forced to choose in NAFTA dispute over thwarted Canadian garbage site

By Elizabeth Whitsitt December 6, 2009 Mr. J. Christopher Thomas Q.C. has resigned from his appointment as an arbitrator in a Chapter 11 NAFTA dispute initiated by US investor Vito G. Gallo against the Canadian government. Canada’s nominee to the...

Published Fri, Dec 04 2009 4:12 AM by Elizabeth

Continental Casualty and Argentina will continue to battle over financial investments

By Elizabeth Whitsitt December 6, 2009 On October 23, 2009 an ad hoc committee, composed of Gavan Griffith Q.C., Judge Bloa A. Ajibola and Mr. Christer Söderlund, ruled that it will hear the annulment applications of the Argentine Republic and Continental...

Published Fri, Dec 04 2009 4:08 AM by Elizabeth

Canadian mining company Gold Reserve commences ICSID arbitration against Venezuela

By Fernando Cabrera Diaz December 6, 2009 Canadian mining company Gold Reserve has commenced arbitration against Venezuela at the International Centre for Settlement of Investment Disputes (ICSID) over the alleged expropriation of its Brisas gold and...

Published Fri, Dec 04 2009 4:04 AM by Elizabeth

An End to European mining claims in South Africa?

By Elizabeth Whitsitt December 6, 2009 On November 2, 2009 claimants in the high-profile arbitration involving mining interests owned by Piero Foresti, Laura de Carli and others against the Republic of South Africa requested the discontinuance of ICSID...

Published Fri, Dec 04 2009 3:57 AM by Elizabeth

In Brief: Rumors of a dispute between Ukrainian and Viennese firms over natural gas surface

By Elizabeth Whitsitt December 6, 2009 Murmurings that Centragas Beteiligungs Holding AG has accused the Ukraine of violating “an agreement on the Energy Charter” surfaced in mid-November.* According to press reports, the Viennese firm, which...

Published Fri, Dec 04 2009 3:55 AM by Elizabeth

Recently Published

By Elizabeth Whitsitt December 6, 2009 International Investments Protection: Comparative Law Analysis of Bilateral and Multilateral Interstate Conventions, Doctrinal Texts and Arbitral Jurisprudence Concerning Foreign Investments , By Jan Schokkaert and...

Published Fri, Dec 04 2009 3:49 AM by Elizabeth

December 2009 - News and Commentary

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