Early into 2026, three superior courts decided whether a state's adherence to a multilateral convention waives its sovereign immunity at the enforcement stage. On 24 February 2026, the Singapore High…
On 23 December 2025, the ICSID Tribunal rendered its award in Kappes v. Guatemala, a dispute brought under the CAFTA-DR and the ICSID Convention by US national Daniel W. Kappes and his Nevada-based…
On 17 February 2026, ICSID published its report on cases registered in 2025. This report revealed that a record number of cases were filed against states in Sub-Saharan Africa. Indeed, ICSID’s…
Held in one of the most elegant rooms of the Ministère de l’Europe et des Affaires étrangères, the in-house counsel event on the second day of the 10th Paris Arbitration Week (“PAW”) brought together…
On 30 June 2025, the tribunal in ICSID Case No. ARB/20/46 (“Tribunal”) issued its final award (“Award”), ordering the Republic of Peru (“Peru”) to pay USD 40 million to a Canadian investor, Lupaka…
The third updated edition of the “Report on compliance with investment treaty awards by States” (the “2024 Report”) was released in November 2024. The Report was conducted in the summer of 2024 by…
For the first time under Rule 54(2) of the ICSID 2022 Arbitration Rules, the Tribunal in Ruby River Capital LLC v. Canada (ICSID Case No. ARB/23/5) had to decide on a request for suspension of the…
On 8 April 2024, following lengthy discussions dating back to 2019, the UNCITRAL Working Group III (“WGIII”) completed the draft statute of an advisory centre on international investment dispute…
In the 2022 case of Omega Engineering LLC and Oscar Rivera v. Republic of Panama (ICSID Case No. ARB/16/42), the Tribunal faced the challenge of distinguishing between a state’s sovereign acts and…
