CIADI

News in Brief: Tribunal declines jurisdiction in African Holding Company of America, INC et Société Africaine de construction au Congo SARL (SAFRICA) v. République Démocratique du Congo

By Suzy H. Nikièma 13 August 2008 An ICSID tribunal has declined jurisdiction in a dispute over a failed construction contract between the Democratic Republic of Congo (DRC) and two U.S. investors. Two members of the three-person tribunal held that the dispute began when the investment was under the control of a Belgium company, therefore […]

TDM Call for Papers: The Notion of Investment – In Search of an Acceptable Definition

Transnational Dispute Management (TDM) is announcing a special issue dedicated to the notion of investment. The theme of the issue is: «The notion of investment: in search of an acceptable definition«. Contributions are invited from prospected authors with unpublished or previously published articles, conference papers, research papers, case studies. The recent arbitration awards where the […]

South American alternative to ICSID in the works as governments create an energy treaty

By Fernando Cabrera Diaz 6 August 2008 A July 16-17 meeting of the Bolivarian Alternative for the Americas (comprised of Bolivia, Cuba, Dominica, Nicaragua, and Venezuela)* ended without public mention of the International Centre for Settlement of Investment Disputes (ICSID), the World Bank agency that administers investor-state arbitrations. Nonetheless, the bloc’s push for a regional […]

News: Trans-Global Petroleum Inc. v. Hashemite Kingdom of Jordan: First Application of ICSID Arbitration Rule 41(5)

By Elizabeth Whitsitt 25 July 2008 Tribunal considers whether a claim by an U.S. investor against Jordon is “manifestly without legal merit”, and rejects all but one of Jordan’s objections An ICSID tribunal has ruled on whether to uphold objections filed by the Hashemite Kingdom of Jordan pursuant to Rule 41(5) of the ICSID Arbitration […]

Decrying past «contradictory» rulings, Argentina challenges arbitrator, By Luke Eric Peterson

Among the grounds upon which Argentina is seeking to vacate a $185+ Million arbitration award in favour of British Gas (see previous item) is one which criticizes the International Chamber of Commerce for failing to disqualify one of the three arbitrators presiding in the BG v. Argentina arbitration. Argentina had moved in June of 2007 […]

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