Insights

• An interview with Wolfgang Alschner on Investment Arbitration and State-Driven Reform: New Treaties, Old Outcomes. By Wolfgang Alschner & Florencia Sarmiento. Read
• Three key principles for fairer and more effective private sector involvement in international governance processes. By Suzy Nikièma & Sarah Brewin. Read
• The loss compensation clause and the protection and security clause: Two risky provisions neglected by investment treaty reform? By Abas Kinda. Read

News in Brief

• OECD releases model rules and technical guidance for countries to implement a global minimum tax. Read
• Intergovernmental Working Group continues work to develop a draft Convention on the Right to Development. Read
• OECD Conference on Investment Treaties and Climate Change Policy. Read
• World Investment for Development Alliance launches at the World Economic Forum Annual Meeting. Read
• UNCITRAL WGIII continues work on ISDS reform ahead of the 43rd formal session in September 2022. Read
• Key Questions Remain as Governments Announce “Agreement in Principle” for Modernized Energy Charter Treaty. Read

Awards and Decisions

• Bahrain found liable for indirect expropriation for putting Iranian-controlled Future Bank under administration. (Bank Melli Iran and Bank Saderat Iran v. Bahrain, PCA Case No. 2017-25). By Sanchit Suri. Read
• Tribunal awards damages to Yukos Capital, finding that Russia expropriated its investment, while two arbitrators partially dissent on quantum. (Yukos Capital SARL v. The Russian Federation, PCA Case No. 2013-31). By Trishna Menon. Read
• Arbitral tribunal finds Poland not in breach of alleged FET violations in rendering its administrative services to Festorino Invest Limited & Others. (Festorino Invest Limited and Others v. Republic of Poland with the participation of the European Union (non-disputing treaty party), SCC Case No. V2018/098). By Sotonye Belonwu. Read