Investment Treaty News (ITN), Volume 10, Issue 1, April 2019

Investment Treaty News (ITN) is IISD’s flagship journal on international investment law and policy.

By Martin Dietrich Brauch, Marina Ruete, Suzy H. Nikièma, Jonathan Bonnitcha, Sofia Baliño, Zoe Williams, Jane Kelsey, David Schneiderman, Gus Van Harten, Alessandra Mistura, Maxime Somda, Gregg Coughlin, Vishakha Choudhary, Shyam Balakrishnan, Trishna Menon, Stephanie Papazoglou, Gladwin Issac on April 22, 2019

Investment Treaty News (ITN) is IISD’s flagship journal on international investment law and policy.

Featured articles:

  • Politically Motivated Conduct in Investment Treaty Arbitration, by Jonathan Bonnitcha and Zoe Williams
  • Phase 2 of the UNCITRAL ISDS Review: Why “other matters” really matter, by Jane Kelsey, David Schneiderman and Gus Van Harten
  • Enhancing Environmental Protection in International Investment Law Through the Integration of International Civil Liability Principles, by Alessandra Mistura
  • Protecting Social Rights Using the Amicus Curiae Procedure in Investment Arbitration: A smokescreen against third parties?, by Maxime Somda

Summaries and analysis of recent arbitration awards and decisions:

  • ICSID tribunal awards ConocoPhillips USD 8.7 billion plus interest in dispute with Venezuela (ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V., ConocoPhillips Gulf of Paria B.V. and ConocoPhillips Company v. The Bolivarian Republic of Venezuela, ICSID Case No. ARB/07/30), by Gregg Coughlin
  • Venezuela survives ICSID claims of expropriation and FET by Anglo American (Anglo American PLC v. Bolivarian Republic of Venezuela, ICSID Case No. ARB(AF)/14/1), by Vishakha Choudhary
  • Italy found liable for change in renewable energy policy in intra-EU arbitration (Greentech Energy Systems A/S & Ors. v. The Italian Republic, SCC Arbitration V (2015/095)), by Shyam Balakrishnan
  • Tribunal finds expropriation of investment by Bolivia due to nonpayment of compensation but awards only sunk costs to British investor (South American Silver Limited (Bermuda) v. the Plurinational State of Bolivia, PCA Case No. 2013-15), by Trishna Menon
  • Cyprus legitimately exercised its police powers, defeats ICSID claims by Greek bankers (Marfin Investment Group Holdings S.A., Alexandros Bakatselos and Others v. Republic of Cyprus, ICSID Case No. ARB/13/27), by Stephanie Papazoglou
  • Cyprus fends off SCC expropriation claim by Polish investors over bank bail-in measures (Tomasz Czescik and Robert Aleksandrowicz v. Cyprus, SCC Case No. V 2014/169), by Gladwin Issac

Visit for back issues of ITN, as well as news updates.


Newsletter details

Investment Law & Policy
Focus area
IISD, 2019