On 19 August 2024, a UNCITRAL tribunal rendered a Final Award in the dispute Alicia Grace et al. v. Mexico, concerning a series of contracts between Pemex, the Mexican State-owned oil enterprise, and…
In a unanimous decision issued on 9 July 2025, the Portuguese Supreme Court of Justice ("STJ") declined to overturn a lower court’s ruling of February 2025 that recognised a 2014 ICSID arbitral award…
When I first proposed a new course, “International Economic Dispute Resolution: Law and Politics”, for the LLM in International Economic Law stream at the City University of Hong Kong, I was excited…
The Court of Justice of the European Union (“CJEU”) ruled in Komstroy (C-741/19, Sept., 2021) that the dispute resolution mechanism of the 1994 Energy Charter Treaty (“ECT”) does not apply to intra…
Following the Arab Spring, there has been a hiatus in Egypt regarding the conclusion of bilateral investment treaties ("BITs"), except for the 2014 Mauritius BIT. Since then, Egypt has been hit with…
The high costs of international arbitration create a playing field where financial strength often determines the outcome rather than legal merit. For claimants facing well-funded corporations or…
Balancing the concurrent rights of sovereign states to regulate in their interest and of foreign investors to be afforded certain standards of protection when investing in a foreign jurisdiction…
Environmental, Social and Governance (“ESG”) considerations have evolved from idealistic frameworks into binding legal, financial and reputational imperatives and responsibilities. Increasingly,…
The recent award in Ahron G. Frenkel v. Republic of Croatia has already succeeded in dividing the very tribunal that rendered it—never an encouraging omen. It is unlikely to cease causing a stir in…
