Organisation: The Guardian

UPDATED. Details have emerged of a second investor-state arbitration that mining magnate Clive Palmer is pursuing against Australia, reportedly worth US$26.8 billion and relating to coal permits.

12 July 2023

The Court of Appeal in London has affirmed that Italian engineering group Tecnimont breached an anti-suit injunction issued in aid of a billion-euro ICC arbitration over a Russian ammonia plant disrupted by international sanctions.

03 July 2023

A Canadian mining company is bringing a claim against the Central African Republic over cancelled licences and permits for a gold project that was occupied by rebel fighters.  

14 June 2023

An Italian oil trader has threatened to bring an investment treaty claim against the United Arab Emirates over his imprisonment on charges he breached an embargo on Yemen.  

01 June 2023

David Malpass has announced his plans to resign as president of the World Bank – and chair of ICSID’s administrative council – before the end of his term, amid reports of a climate policy rift with US President Joe Biden.

17 February 2023

Nigeria is fighting to set aside an arbitral award requiring it to pay US$11 billion to an offshore company with arguments that the award and underlying contract were secured through “industrial scale” bribery of Nigerian government officials and lawyers representing the state in the arbitration. 

27 January 2023

France is the latest European country to announce it is pulling out of the Energy Charter Treaty because of environmental concerns, following similar moves by the Netherlands and Spain.

24 October 2022

Spain says it is withdrawing from the Energy Charter Treaty because of climate concerns, a week after the lower chamber of Poland’s parliament voted near-unanimously to exit the treaty.

13 October 2022

Ukraine is petitioning the United Nations to create a commission to resolve claims against Russia for financial damages arising out of the war – amid speculation that some US$300 billion in frozen Russian central bank assets could be targeted for enforcement.

10 October 2022

Philippe Sands KC has left Matrix Chambers, the London barristers' chambers he co-founded more than two decades ago, to join 11 King's Bench Walk. 

03 October 2022