[Updated] Libya’s Investment Authority lodges BIT arbitration against Belgium in row over frozen funds, while attachment of its assets is lifted in France

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Analysis: Brazilian court confirms set-aside of partial award on jurisdiction in multi-billion-dollar shareholder dispute over Lava Jato corruption scandal, holding that federal government of Brazil is not bound by arbitration clause included in Petrobras’ bylaws

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Analysis: CJEU Advocate General finds that UK Supreme Court should not have enforced Micula v. Romania (1) ICSID award, as obligations under ICSID Convention cannot trump EU law

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Analysis: In recent judgment, ICJ declines jurisdiction over the bulk of Iran’s claims, but finds breaches by the United States of Treaty of Amity’s non-impairment and expropriation provisions; judgment discusses multiple investment protection standards

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Law Commission of England and Wales invites further comments on reform of 1996 Arbitration Act, touching on law applicable to the arbitration agreement, review of awards due to lack of jurisdiction, and discrimination in arbitrator appointment

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Analysis: Global Telecom Holding v. Canada award withstands annulment bids by both parties, as ICSID ad hoc committee sees no reason to annul either the tribunal’s decision to uphold jurisdiction over national security review mechanism, or the ultimate dismissal of GTH’s claims

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Windstream v. Canada (2) tribunal declines to bifurcate proceedings, finding that preliminary objections based on first arbitration are intertwined with the merits

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Analysis: ICSID AF tribunal hearing Mexican satellite dispute rejects jurisdictional objection based on argument that through a “mirror act”, investor sought a repetition of contested measures to gain access to treaty arbitration; claims are dismissed on the merits

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Bulgaria faces new intra-EU ECT arbitration, as children of former Yukos associate make good on earlier threat to bring ICSID claim

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Analysis: Dutch Advocate General deems that award declining jurisdiction is in principle reviewable by Dutch courts, but in a more limited fashion than a decision upholding jurisdiction

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Moldova defeats 900 million EUR investment treaty arbitration that had spawned two separate emergency arbitrator awards

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