On 27 August 2014, the Foreign Affairs, Defence and Trade Legislation Committee of the Australian Senate recommended that the Trade and Foreign Investment (Protecting the Public Interest) Bill 2014, proposed in response to public concern over the risks that ISDS provision might pose to Australian public policy, not be passed. The report of the Committee […]
On 28 July 2014, the Permanent Court of Arbitration has published awards from three cases involving former shareholders of OAO Yukos Oil Company (Yukos) and the Russian Federation. The cases, which commenced in 2005 under the Energy Charter Treaty of 1994, were heard together before the same arbitral tribunals composed of The Hon. L. Yves […]
On 18 July 2014, the European Commission released its preliminary statistical report on the responses to the Investor-to-state dispute settlement (ISDS) consultation which closed on Sunday 13 July. The report provides a statistical breakdown of the responses received according to country, individual/organisation etc. The Commission received a total of 149 399 responses, out of which […]
The UK government has published a report in support of the TTIP in response to the to the House of Lords European Union Committee’s Fourteenth Report entitled ‘The Transatlantic Trade and Investment Partnership’. Part 2 of the government’s report responds to myths and misconceptions about the TTIP. The Government’s report is available here. For the […]
Designated S-G of EFILA, Nikos Lavranos, and EFILA’s Board member, Patricia Nacimiento, defend Investor-State Dispute Settlement following the decision of the upper chamber of the German parliament, the Bundesrat, questioning the need for dispute resolution mechanism in investment treaties. To read more, please click here.
On Saturday 12 July 2014 EFILA has submitted its response to the EU Commission’s consultation on investment protection and investor-to-state dispute settlement (ISDS) in the Transatlantic Trade and Investment Partnership Agreement (TTIP). The EFILA’s response is available here.
Today, on 07 July 2014, the Global Arbitration Review (GAR) has published an article about EFILA. The article can be accessed on the GAR’s website. EFILA welcomes new members. To learn more about EFILA’s membership please click here.
The European Federation for Investment and Arbitration (EFIA) has commenced its activities on 1 July 2014. EFIA will serve as the main voice of the investment arbitration users community, including the EU Member States, investors and providers of legal services, at the European level, to advocate for the highest level of protection for all European […]
New independent study commissioned by Dutch Ministry of Foreign Affairs supports inclusion of ISDS in TTIP with the necessary safeguards. Please click here, to read the study.
Designated S-G of EFILA, Nikos Lavranos, spoke at GAR live event in Frankfurt. He argued that the adoption of the US model BIT will lead to more control over arbitral tribunals by contracting parties, thereby reducing the independence of arbitral tribunals and thus the usefulness of investment arbitration for resolving disputes between investors and states. […]