In the context of the ICSID Arbitration BSG Resources Limited and others v. Republic of Guinea, concerning a mining concession, an arbitral tribunal disqualification aimed at an entire arbitral tribunal has failed. The ICSID Administrative Council dismissed a request for the disqualification of the entire arbitral panel by Claimants, which was based on an adverse […]
Kosovo Telecom Arbitration
The largest commercial arbitration in the youngest European State – the Kosovo Telecom arbitration – has come to an end. In a dispute between local mobile operator Dardafone, operating in Kosovo under the trading name Z Mobile, and Telekom Kosovo, at the time known as PTK, an ICC Tribunal seated in London has ordered Dardafone […]
Poštová Banka v. Hellenic Republic Ελληνικό Εθνικό Χρέος και Διεθνής Επενδυτική Διαιτησία
Η Συμφωνία για τη Συμμετοχή του Ιδιωτικού Τομέα (Private Sector Agreement – PSI), αναφέρεται στο ‘κούρεμα’ των ομολόγων Ελληνικής Κυβέρνησης το 2012, τα οποία ανήκαν σε ιδιώτες, με αποτέλεσμα τη σημαντική μείωση της αξίας τους, στo πλαίσιo της ελληνικής οικονομικής κρίσης και των πακέτων αναδιάρθρωσης του χρέους (‘bailout’) του Διεθνούς Νομισματικού Ταμείου και της Ευρωπαϊκής […]
From International Investment Arbitration to an Investment Court System
Will an Investment Court System be better than the current arrangements for International Investment Arbitration? The EU and Canada appear to think so. In the recently-approved and signed Comprehensive Economic and Trade Agreement between the European Union (EU) and Canada, a different approach to International Investment Arbitration is being put forward by the EU and […]
Indonesia ICSID Arbitration Found Inadmissible Due to Fraud
An Indonesia ICSID arbitration has been found to be inadmissible on the basis of fraud. By an award on 6 December 2016, the Arbitral Tribunal of the International Center for Settlement of Investment Disputes (ICSID) rejected Churchill Mining and Planet Mining Pty Ltd’s claim for compensation (USD 1.95 billion) against the Republic of Indonesia under […]