About the Project

The Network for Justice in Global Investment is a joint effort by citizens and organizations in a variety of countries to challenge one of the most anti-democratic aspects of the global economic order – the rules governing international investment. Read More.

Multimedia

Lone Star Funds Notifies South Korean Government of Intent to File Arbitration Claim Regarding Korea Exchange Bank and Other Investments

Source: Prnewswire.com

DALLAS, May 28, 2012  /PRNewswire/ — Lone Star Funds (“Lone Star”) confirmed today that it has notified the South Korean government of its intention to initiate arbitration of its claim for damages suffered as a result of the Korean government’s unlawful interference with Lone Star’s rights as the major shareholder of Korea Exchange Bank (“KEB”) and other Korean companies Lone Star acquired

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Top Democrats Push Obama on Capital Controls

Source: Huffingtonpost.com / By Sarah Anderson, IPS Global Economy Project Director.

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Bolivia terminates bilateral investment treaty with U.S. as Pakistan questions FIPA negotiations with Canada

Source: The Council of Canadians

By Stuart Trew, Thursday, May 24th, 2012

On May 23, the United States government posted this simple message to its Federal Register:

The Government of Bolivia has delivered to the United States a notice of termination for the bilateral investment treaty between the two countries, a termination that will take effect on June 10, 2012. As of June 10,

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Churchill Mining files international arbitration against Indonesia

Source: Proactiveinvestors.com.au

May 24, 2012

by Andre Lamberti

Churchill Mining (LON:CHL) said it has now filed for international arbitration in its dispute regarding the East Kutai coal project (EKCP) in Indonesia, 75 per cent owned by Churchill.

It has filed a claim yesterday, May 22, at the International Centre for Settlement of Investment Disputes (ICSID) in Washington, DC, against the Republic of Indonesia for breaches

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Trade Agreements vs. Democracy

Source: Sojo.net / By Conrado Olivera and Jed Koball

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The Abaclat legacy: Investment Arbitration as an Obstacle to Greek Recovery

Source: Criticallegalthinking.com

By Tomaso Ferando

I. Arbitration as an incentive not to participate in the Greek recovery

The agreement reached between the Eurogroup and the Greek government in the night between last February 20th and 21st has been considered by the former as ‘a comprehensive blueprint for putting the public finances and the economy of Greece on a sustainable footing and hence for safeguarding

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Lobbyists fight to weaken graft rules

Source: Ft.com

April 11, 2012

By Alex Barker and Guy Chazan in London

Lobbyists fight to weaken graft rules

Eminent Jurists Say ‘No’ to Investor Right to Sue in TPP

Source: Tpplegal.wordpress.com

By tpplegal on May 7, 2012

More than 100 jurists from New Zealand and other countries currently or potentially engaged in the Trans-Pacific Partnership negotiations, including some of their most eminent lawyers, have sent an open letter to the negotiators calling for the right of investors to sue governments directly to be excluded from the TPP.

To date, only the Australian government

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Public interest groups issue strong critique of new US model bilateral investment treaty

Source: Bilaterals.org

May 15, 2012

Click here for a pdf of the full critique.

(Washington, DC, May 10, 2012) Representatives of public interest organizations have released a strong critique of the Obama administration’s new model bilateral investment treaty (BIT). In a joint statement, nine investment experts who served on an official advisory body to the administration on this issue provide a point-by-point analysis of

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Who Decides for El Salvador: The People or Pacific Rim?

Source: Stopesmining.org

May 10, 2012

The defense of national sovereignty isn’t anti-development

May 3, 2012

San Salvador

The Canadian multi-national mining corporation Pacific Rim recently circulated a press release in the U.S. press, which was covered by some press in El Salvador, where the company claimed that the International Center for Settlement of Investment Disputes (ICSID) will rule before May 31st on whether the

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Old trade deal wine in new bottle: U.S. model for Trans Pacific trade pact will generate investment lawsuits threatening the environment

Source: Friends of the Earth

Posted May. 4, 2012 / Posted by: Bill waren

In 2001 William Greider, the famed progressive journalist, wrote about the North American Free Trade Agreement’s investment chapter in The Nation: “Multinational investors can randomly second-guess the legitimacy of environmental laws or any other public-welfare or economic regulation, including agency decisions, even jury verdicts…NAFTA’s arbitrators cannot overturn domestic laws, but

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Bolivia Seizes Unit of Spanish Power Company Red Electrica

Source: Bloomberg.com

By Veronica Navarro Espinosa – May 1, 2012

Bolivia is nationalizing the local assets of Spain’s Red Electrica Corp. (REE), giving the government control of the Andean nation’s power grid two weeks after neighboring Argentina seized its biggest oil company.

President Evo Morales signed the decree today, saying the Alcobendas, Spain-based company’s local investment was inadequate and energy should be controlled by

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NEWS: Key ruling on El Dorado mine expected on eve of ‘Shout Out’ conference

Source: The Council of Canadians

By Brent Patterson, Monday, April 30th

A media release issued by Vancouver-based Pacific Rim Mining Corp. today states, “PacRim recently received notification from the International Center for the Settlement of Investment Disputes (ICSID) that a decision on the Jurisdiction Objection will be announced by May 31, 2012. The Jurisdiction Objection was filed by the Government of El Salvador (GOES)

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Treaties that gave away the store

Source: Thehindu.com

April 27, 2012

Kavaljit Singh

As India grapples with the Vodafone and 2G fallout, the Bilateral Investment Treaties it signed a few years ago are coming back to haunt it.

On April 17, British telecom giant Vodafone issued a notice of dispute to the Indian government, as a first step towards launching investment arbitration proceedings under the India-Netherlands Bilateral Investment Treaty (BIT)

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Argentina: Towards a possible new withdrawal from ICSID?

2 May 2012

ARGENTINA: TOWARDS A POSSIBLE NEW WITHDRAWAL FROM ICSID ?

Nicolas Boeglin  (*)

In order to resolve any disputes that may arise between States and foreign investors, was established in 1965 under the World Bank, the International Centre for Settlement of Investment Disputes between foreign investor and State (ICSID) with the adoption of the Washington Convention of 1965, establishing

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Does it matter who invests in your country?

Source: Vale Columbia Center

Columbia FDI Perspectives

Perspectives on topical foreign direct investment issues by

the Vale Columbia Center on Sustainable International Investment

No. 66   April 30, 2012

Editor-in-Chief: Karl P. Sauvant (Karl.Sauvant@law.columbia.edu)

Managing Editor: Jennifer Reimer (jreimer01@gmail.com)

 

Does

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