Definición de inversión

Laudos  |  diciembre 17, 2019

Dado que demandantes no poseen inversión protegida y no pudieron importar consentimiento a arbitraje vía NMF, tribunal de la CNUDMI desestima el caso contra Mauricio por razones jurisdiccionales

Profesor Christian Doutremepuich y Antoine Doutremepuich vs. República de Mauricio, Caso de la CPA No. 2018-37

Laudos  |  septiembre 19, 2019

Demanda de Clorox contra Venezuela es desestimada en la fase jurisdiccional por falta de “acción de invertir”

Clorox España S.L. vs. República Bolivariana de Venezuela, Caso de la CPA No. 2015-30

Laudos  |  septiembre 19, 2019

No se admite jurisdicción en caso contra Uruguay porque tribunal del CIADI concluye que empresa americana carece de propiedad o control de la inversión

Italba Corporation vs. República Oriental del Uruguay, Caso del CIADI No. ARB/16/9 

Demandas contra Albania desestimadas por tribunal del CIADI ya que Anglo-Adriatic Group no poseía una inversión protegida

ANGLO-ADRIATIC GROUP LIMITED VS. LA REPÚBLICA DE ALBANIA, CASO DEL CIADI NO. ARB/17/6

Tribunal del CIADI confirma alegato de ilegalidad de Panamá en la realización de una inversión en un proyecto turístico ubicado en un área indígena

ÁLVAREZ Y MARÍN CORPORACIÓN S.A., BARTUS VAN NOORDENNE, CORNELIS WILLEM VAN NOORDENNE, ESTUDIOS TRIBUTARIOS AP S.A. Y STICHTING ADMINISTRATIEKANTOOR ANBADI VS. LA REPÚBLICA DE PANAMÁ, CASO DEL CIADI NO. ARB/15/14

India viola TBI con Alemania según tribunal de la CNUDMI con respecto a contrato de arrendamiento de espectro electromagnético

DEUTSCHE TELEKOM AG VS. LA REPÚBLICA DE INDIA, CASO DE LA CPA NO. 2014-10

Tribunal del CIADI constituido en virtud de cláusula de NMF declara a Turkmenistán culpable por violación de TJE por exigir a inversores que presenten un «smeta», cálculo de gastos requerido por el derecho de Turkmenistán

GARANTI KOZA LLP VS. TURKMENISTÁN, CASO DEL CIADI NO. ARB/11/20

ITN  |  octubre 18, 2018

(English) Biwater v. Tanzania

Disculpa, pero esta entrada está disponible sólo en Inglés Estadounidense.

ITN  |  octubre 18, 2018

(English) SGS v. Pakistan

Disculpa, pero esta entrada está disponible sólo en Inglés Estadounidense.

ITN  |  octubre 18, 2018

(English) Phoenix v. Czech Republic

Disculpa, pero esta entrada está disponible sólo en Inglés Estadounidense.

ITN  |  octubre 18, 2018

(English) SGS v. Philippines

Disculpa, pero esta entrada está disponible sólo en Inglés Estadounidense.

Laudos  |  octubre 17, 2018

Tribunal de la CPA declara a India responsable por expropiación ilícita y violación de TJE bajo TBI entre India y Mauricio

CC/DEVAS (MAURITIUS) LTD., DEVAS EMPLOYEES MAURITIUS PRIVATE LIMITED. Y TELCOM DEVAS MAURITIUS LIMITED VS. LA REPÚBLICA DE LA INDIA, CASO DE LA CPA NO. 2013-09

El Borrador del Modelo de TBI Holandés de 2018: Una evaluación crítica

El 16 de mayo de 2018, el Ministerio de Asuntos Exteriores holandés publicó su nuevo borrador del modelo de tratado bilateral de inversión (TBI) . El borrador del modelo, que estuvo a disposición para comentarios públicos hasta el 18 de junio de 2018, busca reemplazar el modelo de TBI de 2004 y ser utilizado para la renegociación de los 79 TBIs holandeses existentes con países no pertenecientes a la UE y para la negociación de acuerdos futuros.

Laudos  |  diciembre 21, 2017

Demandas entabladas por una empresa controlada por multimillonario egipcio contra Argelia son declaradas inadmisibles

Orascom TMT Investments S.à r.l. vs. la República Democrática y Popular de Argelia, Caso del CIADI No. ARB/12/35

Declaración Interpretativa Conjunta de India sobre TBIs: Un Intento por Quitar los Fantasmas del Pasado

The Government of India has proposed a Joint Interpretative Statement to its bilateral investment treaty (BIT) partners. The statement clarifies key substantive and procedural provisions, bringing them more in line with India’s new foreign investment policy.

Primer caso del CIADI contra Guinea rechazado por falta de jurisdicción

Société civile immobilière de Gaëta vs. la República de Guinea, Caso del CIADI No. ARB/12/36

El único arbitraje de tratado de inversión conocido contra Guinea Ecuatorial no es admitido por razones jurisdiccionales

Grupo Francisco Hernando Contreras, S.L. vs. la República de Guinea Ecuatorial, Caso del CIADI No. ARB(AF)/12/2

Laudos  |  noviembre 26, 2015

Energorynok no posee ni controla actividad económica relacionada con la energía; se desestima caso del TCE contra Moldavia

State Enterprise “Energorynok” (Ukraine) v. The Republic of Moldova, Arbitraje V de la SCC (2012/175)

El Acuerdo brasilero de Cooperación y de Facilitación de las Inversiones (ACFI): ¿Una nueva fórmula para los acuerdos internacionales de inversión?

Desde la firma del primer Acuerdo de Cooperación y Facilitación de Inversiones (ACFI) por parte de Brasil, en marzo de 2015, se han publicado traducciones al inglés del documento y análisis de sus aspectos innovadores. La pregunta es: ¿hasta qué punto las ACFI de Brasil innovan en la regulación de las inversiones extranjeras?

Bonos del gobierno no cubiertos pese a amplia definición de “inversión” en TBI entre Eslovaquia y Grecia; tribunal desestima reclamación contra Grecia

Poštová Banka, a.s. e Istrokapital SE v. República Helénica, Caso CIADI No. ARB/13/8

Los Acuerdos de Cooperación y Facilitación de Inversiones (ACFIs) entre Brasil y Mozambique y entre Brasil y Angola: una descripción general

Brasil y Mozambique firmaron el 30 de marzo de 2015 el primer Acuerdo de Cooperación y Facilitación de Inversiones (ACFI) basado en el nuevo modelo de tratado bilateral de inversión (TBI) de Brasil. El segundo se firmó el 1 de abril de 2015 entre Brasil y Angola. A diferencia de los TBI tradicionales, que están orientados a la protección de los inversores, los ACFI se centran principalmente en la cooperación y la facilitación de inversiones. Promueven formas amigables de resolver disputas y proponen la solución de disputas entre estados como respaldo; en particular, no incluyen disposiciones sobre arbitraje inversor-estado.

ITN  |  enero 14, 2013

Awards and Decisions

US$1.76 billion dollar award levied against Ecuador in dispute with Occidental; tribunal split over damages   Occidental Petroleum Corporation and Occidental Exploration and Production Company v. The Republic of Ecuador, […]

ITN  |  abril 13, 2012

Awards and Decisions

US court vacates award against Argentina BG Group Plc v. Argentina Lise Johnson A US appellate court has vacated an award against Argentina in a decision that may give investors […]

The White Industries Arbitration: Implications for India’s Investment Treaty Program

In November 2011, an arbitral tribunal found the Republic of India guilty of violating the India-Australia bilateral investment treaty (BIT). It is the first known investment-treaty ruling against India, despite […]

Defining an ICSID Investment: Why Economic Development Should be the Core Element

A dispute will only fall within the jurisdiction of the International Centre for Settlement of Investment Disputes (ICSID) if it directly arises out of an ‘investment’, as is provided by Article 25(1) of the Convention for the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention). However, not only does the ICSID Convention fail to provide any definition of what constitutes an ‘investment’, the drafters of the ICSID Convention, in fact, made an express decision not to include such a definition. This absence has given rise to interesting issues of interpretation as ICSID tribunals have sought to arrive at an understanding of how the term ‘investment’ should be properly understood for the purposes of the ICSID Convention.

Mission Creep: International Investment Agreements and Sovereign Debt Restructuring

As members of the Eurozone are now acutely aware, the lack of a sovereign debt restructuring regime is one of the most glaring gaps in the international financial architecture. That […]

ITN  |  enero 12, 2012

Awards and Decisions

Arbitrator sharply critical of majority decision in Italian bondholder claim against Argentina Abaclat and Others (Case formerly known as Giovanna a Beccara and Others) v. Argentine Republic, ICSID Case No. […]

ITN  |  octubre 7, 2011

Awards and Decisions

Mass claim in Argentine bond dispute is granted ICSID jurisdiction Abaclat and Others (Case formerly known as Giovanna A Beccara and Others) and The Argentine Republic, Decision on Jurisdiction and […]

ITN  |  julio 12, 2011

Awards and Decisions

Swiss claimant fails jurisdictional stage for not qualifying as an ‘investor’ Alps Finance and Trade AG v. Slovak Republic Damon Vis-Dunbar A claim against the government of Slovakia has failed […]

ITN  |  abril 7, 2011

Awards and decisions

UK firm victorious in dispute with Russia, but damages much less than claimed RosInvestCo UK Ltd.  v. The Russian Federation, SCC Case No. Arb. V079/2005 Lise Johnson In an award […]

ITN  |  diciembre 16, 2010

Awards and decisions

Georgia loses dispute with Greek and Israeli oil investors Ioannis Kardassopoulos and Ron Fuchs v. The Republic of Georgia (ICSID Case Nos. ARB/05/18 and ARB/07/15) Martin D. Brauch Two oil […]

ITN  |  septiembre 23, 2010

Awards and Decisions

Argentina on the hook for breach of Fair and Equitable Treatment Suez, Sociedad General de Aguas de Barcelona S.A., and Vivendi Universal v. Argentine Republic (ICSID Case No. ARB/03/19) Lise […]

ITN  |  enero 12, 2010

UNCITRAL Tribunal determines that wheat supply contracts are not «investments» under Swiss-Uzbekistan BIT

By Elizabeth Whitsitt January 13, 2010 Swiss-based firm Romak S.A. has lost a protracted dispute against the Republic of Uzbekistan regarding alleged non-payment for wheat shipments to the country during […]

ITN  |  noviembre 1, 2009

Cementownia claim against Turkey found to be «manifestly ill-founded»

By Elizabeth Whitsitt November 3, 2009 On September 17, 2009 an ICSID tribunal dismissed yet another claim initiated against the Republic of Turkey by an entity, Cementownia “Nowa Huta” S.A. […]

ITN  |  noviembre 1, 2009

F-W Oil Interests Inc. v. Republic of Trinidad & Tobago: A «Relatively Mundane Dispute» after all?

By Elizabeth Whitsitt November 3, 2009 More than three years ago, on March 3, 2006, Texas-based energy company, F-W Oil Interests Inc. (“FWO”) lost its fight against the Republic of […]

ITN  |  noviembre 1, 2009

ICSID Tribunal Confirms that Allegations of Corruption Must Be Substantiated by «Clear and Convincing Evidence»

By Elizabeth Whitsitt November 3, 2009 On October 8, 2009 an ICSID tribunal, composed of Professor Piero Bernardini, Mr. Arthur W. Rovine, and Mr. Yves Derains, confirmed that allegations of […]

ITN  |  agosto 31, 2009

Tribunal dismisses claim by Europe Cement against Turkey; Claimant ordered to bear cost of the arbitration

By Damon Vis-Dunbar 2 September 2009 An ICSID tribunal has rendered a decision after finding itself in the unusual position of facing requests from both the Claimant and Respondent for […]

ITN  |  julio 13, 2009

ICSID tribunal accepts Ecuador’s objections to jurisdiction in dispute with electricity firm

By Fernando Cabrera Diaz 15 July 2009 A tribunal at the International Centre for Settlement of Investment Disputes (ICSID) has accepted Ecuador’s objections to jurisdiction in an arbitration commenced by […]

ITN  |  abril 23, 2009

Malaysian Historical Salvors jurisdictional award annulled; committee split on question of economic development as criteria of ICSID investments

By Damon Vis-Dunbar 23 April 2009 The members of an ICSID committee hearing an annulment request in Malaysian Historical Salvors v. the Government of Malaysia have come to starkly different […]

ITN  |  abril 20, 2009

Tribunal disqualifies "abusive" claim by Phoenix Action against the Czech Republic

By Damon Vis-Dunbar 20 April 2009 A three-member tribunal has disqualified a claim by the Israeli-based Phoenix Action LTD, concluding that its purchase of two Czech companies was solely a […]

ITN  |  enero 9, 2009

Tribunal pierces the corporate veil in jurisdictional decision involving Argentina

By Damon Vis-Dunbar 9 January 2009 Two out of three members of an ICSID tribunal have declined jurisdiction in a claim brought by TSA Spectrum de Argentina S.A. (TSA) against […]

ITN  |  octubre 28, 2008

Société Générale passes jurisdictional hurdle in dispute with Dominican Republic; controversy erupts over press release

By Fernando Diaz Cabrera 28 October 2008 Lawyers for the Dominican Republic have accused a subsidiary of the French financial services company Société Générale of breaking confidentiality rules in an […]

ITN  |  octubre 24, 2008

Jurisdictional decision sees light of day in dispute between a Greek claimant and Serbia-Montenegro

By Damon Vis-Dunbar 24 October 2008 A previously unpublished 2006 partial award on jurisdiction in an arbitration between a Greek industrial group and the government of Serbia  and Montenegro was […]

ITN  |  octubre 22, 2008

Czech Republic fails to overturn partial liability award before Paris Court of Appeal

By Suzy H. Nikièma 22 October 2008 The Czech Republic’s effort to overturn a partial award on liability rendered in favour of a Croatian businessman has been rejected by a […]

Laudos  |  septiembre 30, 2008

Plama Consortium Limited v. Republic of Bulgaria: Honesty is the best policy

By Elizabeth Whitsitt 30 September 2008 In a 27 August 2008 decision, a tribunal has concluded that Plama Consortium Limited (PCL), a Cyprus firm, was not entitled to protections afforded […]

ITN  |  agosto 13, 2008

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 […]

ITN  |  agosto 11, 2008

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 […]