29 April 2026 marked twelve years since the first publicly known emergency arbitrator decision in an investment‑treaty case—TSIKInvest LLC v. Republic of Moldova—entered the public domain. Relying…
Soon after receiving an open letter dated March 19th, 2026, from over 220 economic and legal scholars, President Petro reaffirmed that Colombia would withdraw from the international arbitration…
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…
Investor-State arbitration (“ISA”) has been criticised for giving investors room to pressure host states. While most ISA cases proceeded all the way to the issuance of arbitral awards, around one…
In investor-State dispute settlement ("ISDS"), there have been awards in which compensation has reached billions, such as in the Tethyan v. Pakistan, Occidental v. Ecuador, and Yukos v. Russia cases…
On 17 October 2025, the Tribunal in Riverside Coffee v. Nicaragua delivered its Award in a dispute where an avocado farm investment clashed with Nicaragua’s national security interests during a time…
The increasing use of restrictive measures, commonly referred to as “sanctions”, has become a predominant mechanism for states advancing national security and foreign policy objectives. This…
Latin America continued to play a central role in the global investment arbitration landscape in 2025. While the year did not witness sweeping treaty reform, it was marked by an increased reliance on…
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…
