We call for a moratorium on investor-state arbitration cases and clarity of legal principles to ensure that governments have the policy space to protect their citizenry and combat the epidemic.
The EU Commission has launched a public consultation calling for comments on its initiative to improve the protection of intra-EU investment. This initiative could lead to the adoption of new rules enhancing investors’ rights vis-à-vis EU Member States and to the creation of new enforcement mechanisms for investors within the EU.
Une vague de plaintes de propriétaires et d’investisseurs étrangers menace de s’abattre sur les Etats, en raison de la fermeture de nombreux sites, commerces ou filiales, s’inquiètent des représentants des Nations unies.
Estudios jurídicos están alentando a las corporaciones a recurrir a tribunales internacionales para que los Estados se hagan cargo de los efectos negativos causados por la pandemia, invocando la afectación de “derechos” empresariales.
Varios estados, entre ellos el español, podrían recibir reclamaciones por daños y perjuicios de inversores extranjeros debido a las leyes de emergencia por covid-19.
Ecuagoldmining’s estimated $20 million investment so far could turn into a $469 million award, should it emerge victorious in an arbitration proceeding.
US private equity firm Lone Star Funds suggested it was open to “amicable and sensible” out-of-court option to settle the longstanding dispute with the Korean government.