Insights

• A Bottom-up Approach to Aligning International Investment Agreements and Climate Change Goals, By Nicolás M. Perrone
• Resurgence of Contract-Based ISDS and the Risk of Internationalizing Investor–State Relations, By Harshad Pathak

Awards

• Mexico loses a seabed-mining dispute to a third-party funded claimant (Odyssey Marine Exploration, Inc. v. United Mexican States, ICSID Case No. UNCT/20/1, Award, September 17, 2024), by Mihnzou Yannick Kouassi
• UK Court of Appeal reinforces the international consensus on Article 54 of the ICSID Convention and State Immunity (Infrastructure Services Limited and another v. Spain, and Border Timbers and another v. Zimbabwe, [2024] EWCA Civ 1257), by Delphine Buyle
• Change of claimant due to corporate restructuring resulting in a separate entity requires consent of respondent state (Vercara (formerly Neustar) v. Colombia, ICSID Case No. ARB/20/7)), by Emil Alicevic
• ICSID Tribunal Rejects Jurisdiction in Campos de Pesé v. Panama—Scrutiny of ownership structure proves decisive (Campos de Pesé, S.A. v. Republic of Panama, ICSID Case No. ARB/20/19, 1 March 2024), by Galina Milenova

News

• Three UNCITRAL Working Group III Meetings in Early 2025
• UNIDROIT-ICC Working Group on Investment Contracts Holds Another Session
• A Joint Conference Organized by OECD, UNCTAD, and UNCITRAL on Investment Treaty Reform
• Manila Toolkit to Increase Policy Coherence Published
• Controversial Ecuador-Canada Trade Deal Concluded
• UK Enacts a Revision of Arbitration Act
• Working Group to Deliver Report on French Arbitration Law Reform
• EC Infringement Procedure against Hungary
• ICSID Sends Note on Potential Inter-Se Modification of the Convention to WGIII
• EU State Aid Decision
• First ICSID award against Germany
• Several States Not Provisionally applying ECT Reform