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World Bank arbitration mechanism ICSID rules in favour of El Salvador

From Brettonwoods Project SUMMARY ICSID, a World Bank arm for investor-state dispute arbitration, ruled that the $250 million case brought by Pac Rim Cayman against El Salvador in 2009 was without merit. In October 2016, the International Centre for Settlement…

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El Salvador ruling offers a reminder of why the TPP must be defeated

By Robin Broad and John Cavanagh From The Nation Obama is waging a full-court press to pass the unpopular trade treaty after the November elections. If you needed one more reason to take sides in the last great fight of…

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World Bank favours El Salvador in $250m mining dispute

From enca WASHINGTON – A World Bank arbitration panel on Friday found in favour of El Salvador in a $250 million(about R 3.5 billion) dispute brought by a mining company over a gold concession. The panel at the International Center…

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English court upholds obligation to hold “friendly discussions” before arbitration

By: Jeremy Andrews Nick Marsh Elinor Thomas From DLA Piper International Arbitration Newsletter 22 SEP 2014: In a recent decision, the English Commercial Court has upheld the enforceability of a clause requiring the parties to seek to resolve a dispute…