ICSID found in favor of Mozambique, identifying no breaches of obligations towards Italian investors.
This claim to the long series of cases arising out of Italy’s reform of its scheme of incentive tariffs for solar energy.
Albania, European Union, Georgia, Italy, Slovenia, Spain
The Italian company claims that Morocco has breached the 1990 Italy-Morocco bilateral investment treaty provisions.
While the award rendered by the ICSID on April 24, 2019, has not been disclosed, Albanian media have circulated unconfirmed reports of €110 million.
Italy is the first G7 country to sign up to the scheme, in a move that has caused upset in Washington and Brussels.
The ongoing Rockhopper case may become a benchmark for future cases on the horizon, following Italy’s decision to crack down on hydrocarbon explorations and extractions.
Italy is in negotiations to sign a memorandum of understanding in support of the program by the end of March, says official
Citing farmers’ complaints, antiestablishment government vows to seek parliamentary veto, which would annul pact for all partners
Italy will not ratify the EU’s free trade agreement with Canada, the Italian deputy prime minister has said, potentially scuppering the bloc’s biggest deal in years.
India’s External Affairs Minister Sushma Swaraj held bilateral talks with Italian Prime Minister Giuseppe Conte to discuss forging bilateral cooperation across sectors and steps to revitalise the bilateral relationship.
taly will not ratify the European Union’s free trade agreement with Canada because it does not ensure sufficient protection for the country’s specialty foods.
The document opposes international trade treaties such as the EU-Canada Comprehensive Economic and Trade Agreement (CETA) and the Transatlantic Trade and Investment Partnership (TTIP)
One tribunal could interpret the effect of legislative provisions differently to another. So while Eiser opens up the prospect of more claims, Blusun may narrow the basis for claims.
Is there inconsistency among the tribunals in the solar energy cases?
Mobilized by the largest agricultural organization in Europe, the farmers converged to turn up the heat on Italian politicians faced with ratifying the controversial Canada-EU Comprehensive Economic and Trade Agreement, or CETA.
The ICSID tribunal in Eskosol in liquidazione v. Italy rejected Italy’s Rule 41.5 application to have the claim thrown out for being “manifestly without legal merit.” I offer a summary and some reflections on two interesting aspects on the tribunal’s jurisdiction.
ISDS is an attempt to remove the risk of investment from companies, and place it squarely on the public’s shoulders, without any quid pro quo.
Rockhopper Exploration is fighting for compensation from Italy after it banned offshore drilling, leaving the company unable to develop one of its oil and gas fields.
US and Italian officials are weighing a deal to lock in elements that can be finalized before Obama leaves office.