ITN July 2007

ITN July 31, 2007

In this issue: Argentina ordered to pay $57.4 Million to US-based LG&E for BIT breaches; Hearings in Glamis v. USA arbitration slated for August 12-17 and open to the public; Tribunal rejects demand by Argentine court to suspend ongoing arbitration; Canadian Supreme Court declines to hear challenge to NAFTA Chapter 11; US federal court rules on arbitrator conflicts of interest; Holders of Argentine bonds laud US government’s statement on outstanding debt.

ITN July 12, 2007

In this issue: Egypt prevails for second time in recent months in an ICSID arbitration; ICSID annulment committee splits, but award in Soufraki v. UAE is upheld; UK Court rejects Ecuador’s bid to overturn $71 Mil Occidental Award; New York Court rules against Chevron in environmental dispute with Ecuador; German nationals challenge Namibia’s land reform as discriminatory; NAFTA Tribunal lacks jurisdiction to hear Texans’ water dispute with Mexico; Canadian uranium miner sues Kazakhstan under Foreign Investment Law.