May 2012

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

Source: 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 …
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Trade Agreements vs. Democracy

Source: by Conrado Olivera and Jed Koball This article appeared in the June 2012 issue of Sojourners magazine THE ANONYMOUS DEATH threats phoned to Archbishop Pedro Barreto and others in March told them to stop speaking out about the foreign-owned metals smelting plant in La Oroya, Peru. Barreto, a Catholic archbishop of the Andean region …
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Churchill Mining files international arbitration against Indonesia

Source: 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, …
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Top Democrats Push Obama on Capital Controls

Source: 05/25/2012 Sarah Anderson, IPS Global Economy Project Director At a point in the election season when politicians of the same party tend to sweep their differences under the rug, two senior Democrats have sent a strong letter to the Obama administration on a subject unknown to most American voters. This is the issue of …
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Lone Star Funds Notifies South Korean Government of Intent to File Arbitration Claim Regarding Korea Exchange Bank and Other Investments

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

Source: 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, …
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