Energy Charter Treaty

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Recent articles

  Italy put on notice of treaty claim arising out of economic austerity
  New ICSID Claims: Gas investors file against new Slovak Gov't; more claims for Equatorial Guinea and Turkmenistan
  Republic of Georgia agrees to pay 1/3rd of ICSID award; litigation funder eyes recovery after bumpy ride
  Former ICSID claimant wins human rights case for unlawful detention and asset seizures; court does not delve into misconduct questions that had roiled earlier arbitration
  Investor in Bulgarian refinery asks arbitral tribunal to weigh new evidence that a competitor may have secured state favour via the payment of bribes
  Lengthy debt collection battle ends, as former Soviet state pays arbitral award; unusual form of diplomatic assistance seen
  Renewable energy arbitration claims on horizon, but states take differing approaches to public disclosure
  Turkey defeats $11 Billion arbitration claim at ICSID; putative off-shore shareholder fails to prove it owned shares prior to alleged expropriation of electricity concessions
  Arbitrators selected and case proceeding at Stockholm Arbitration Institute in dispute arising out of alleged expropriation of oil fields in Kazakhstan
  Arbitrators decline to order Tajikistan to compensate investor for unawarded licenses; in earlier ruling, panel had found state in breach of Energy Charter Treaty obligations
  Georgia changes tack in tussle over $90 Million arbitral award in gas pipeline dispute
  Turkish energy investor sues Kazakhstan at ICSID
  AES seeks to annul losing verdict in energy dispute with Hungary
  Arbitrators rule that legitimate expectations arise out of Republic of Georgia’s repeated promises of compensation to pipeline investor; unlawful nature of takings can affect damages
  DAMAGES ANALYSIS: tribunal looks at income and purchase-offers to value lost assets in Georgia; outside-funding of arbitration is likened to insurer subrogation and does not hinder costs-recovery
  Georgian authorities arrest foreign investor on eve of ICSID hearing and charge him with corruption; Israeli businessman and Greek partner release text of $90 Million arbitration verdict against Georgia
  Judge rules that potential ICSID award must be used to pay fraud victims
  Hungary prevails in first of three Energy Charter Treaty (ECT) arbitrations over power pricing disputes; arbitrators affirm that “politics” is not a dirty word
  ANALYSIS: ECT’s stability clause does not immunize foreign investors from legal changes in Hungary; arbitrators see no clash between ECT and Hungary’s EU law obligations
  Hungary prevails in Energy Charter Treaty arbitration
  Georgia denies Freedom of Information request for arbitral award; amends law related to pending international arbitrations
  Quarrel between Moldova’s richest man and former President spills across borders, as energy company sues Kazakhstan for a Billion Dollars in nationalization fight
  Tajikistan breaches Energy Charter treaty; claimant asks tribunal to order state to issue energy exploration license
  ANALYSIS: NAFTA challenge ruling may stir debate as to implications in Energy Charter Treaty cases
  Motorola and Nokia seek to seize any benefits which may flow from Libananco’s ICSID arbitration claim against Turkey
  Tribunal awards full costs against investor for bringing a fraudulent Energy Charter Treaty claim against Turkey
  Bribery testimony is not examined further as claim against Azerbaijan concludes
  Tribunal nixes effort by Turkey to obtain moral damages for intangible losses
  Turkey prevails in one of three claims arising out of termination of Uzan family-owned electricity concession
  German media reveal details of Vattenfall claim v. Germany; NGOs raise enviro fears as two arbitrators named