Network for Justice in Global Investment » Misc

India may exclude clause on lawsuits from trade pacts

leny — Tue, 31 Jan 2012 15:44:52 +0000

Source: Livemint.com

The DIPP which allows firms of the partner country investing in India to take legal action against the govt at a global forum in case of any dispute has in principle decided not to include such a condition

Asit Ranjan Mishra

India is likely to exclude in bilateral trade pacts a clause that permits a foreign investor to sue the host country

Arbitration Scorecard 2011: Mapping the Biggest Cases You’ve Never Heard Of

leny — Wed, 25 Jan 2012 22:17:42 +0000

Source: Law.com

. The two maps below chart the hot spots of international arbitration: the countries with most disputants. They plot the 261 cases from our 2011 Arbitration Scorecard according to the location of parties involved. [See the Focus Europe feature article, "High Stakes" for complete analysis.]

The Treaty Arbitration map shows the respondent nations that face the most arbitrations arising out of investment

Capital controls are not beggar thy neighbour

leny — Wed, 25 Jan 2012 21:29:57 +0000

Source: Financial Times

January 23, 2012

By Kevin P. Gallagher

Emerging markets have fallen victim to unstable capital flows in the wake of the financial crisis. In an attempt to mitigate the accompanying asset bubbles and exchange rate pressures that come with such volatility, a number of emerging markets resorted to capital controls. Although these actions have largely been supported by the International Monetary

U.S. lawmakers urge Obama to expedite BIT with India

leny — Thu, 19 Jan 2012 16:40:35 +0000

Source: Thehindu.com

HYDERABAD, January 13, 2012

Special Correspondent

Co-Chair of the U.S. Senate’s India Caucus Senator Mark R. Warner said that they were pushing the Obama administration to expedite the signing of a Bilateral Investment Treaty (BIT) with India to protect investors from both countries.

Addressing a press conference along with two other senators, Michael Bennet (Colorado) and Tom Udall (New Mexico), on

Venezuela keeps “planning” to leave ICSID arbitration panel

leny — Tue, 17 Jan 2012 20:07:38 +0000

Source: Settysoutham.wordpress.com

January 16, 2012

They have been talking about it for years, and they keep talking. Here’s a tidbit from a PDVSA statement from last night:

El presidente de PDVSA informó la decisión del Gobierno Bolivariano de retirar a nuestro país del CIADI: “de acuerdo con las líneas del presidente Chávez, nosotros hemos decidido salir del CIADI, hay una serie de acciones que