ICSID

Singaporean-Chinese Businessman Goh Chin Soon has Filed With the International Centre for Settlement of Investment Disputes in a Case That Could Involve Corruption and Embezzlement in China

Retrieved on: 
Wednesday, February 3, 2021
Foreign direct investment, International Centre for Settlement of Investment Disputes, United Nations Development Group, Qingdao, ICSID, Organizations, Articles

Subsequently, investments were made in three projects in Qingdao that year, including Qingdao International City, Qingdao Marina City, and Qingdao International Beer City, covering totally 8,466 mu of land.

Key Points: 
  • Subsequently, investments were made in three projects in Qingdao that year, including Qingdao International City, Qingdao Marina City, and Qingdao International Beer City, covering totally 8,466 mu of land.
  • Overall, the development of 6,000 houses, villas, apartments, and shops began on approximately 600,000 square meters of land.
  • This development quickly attracted even more investment, which caused land prices there to soar.
  • After Goh filed an arbitration request with the World Bank Group's International Centre for Settlement of Investment Disputes (ICSID), the ICSID, in turn, formally filed a case at the end of 2020.

Avisa Partners Launches International Disputes Practice

Retrieved on: 
Tuesday, December 15, 2020
Articles, Organizations, Arbitration, Law, International arbitration, ICSID, International Centre for Settlement of Investment Disputes, International Chamber of Commerce

WASHINGTON, Dec. 15, 2020 /PRNewswire/ -- Avisa Partners, a global firm specialized in managing sensitive matters, today announced the launch of its international disputes practice.

Key Points: 
  • WASHINGTON, Dec. 15, 2020 /PRNewswire/ -- Avisa Partners, a global firm specialized in managing sensitive matters, today announced the launch of its international disputes practice.
  • Avisa launches international disputes practice, with decades of experience supporting investor-state award enforcement
    Avisa's programs have enhanced outcomes related to complex litigation, contract disputes, regulatory matters, market access challenges, investor-state disputes, nationalization of private assets, non-enforcement of awards, and other unique circumstances before many of the major arbitration institutions, including the International Chamber of Commerce (ICC), The London Court of International Arbitration (LCIA), and The International Centre for Settlement of Investment Disputes (ICSID).
  • "Clients facing years-long transnational challenges, particularly non-enforcement of major awards, must realize that these disputes are often just as much geopolitical calculations as they are about the law," said John Procter, a partner at Avisa Partners' U.S. Washington office with 20 years of experience in advising clients on international brand management and transnational disputes.
  • Avisa's international disputes practice incorporates many of Avisa Partners' consulting services verticals, including risk management, public affairs, global strategic communications, international affairs, digital advocacy, cybersecurity and anti-counterfeiting operations.

Odyssey Marine Exploration Files First Memorial in Mexico NAFTA Case

Retrieved on: 
Wednesday, September 16, 2020
International trade, International relations, Free trade agreements of Canada, Economy of North America, International trade law, North American Free Trade Agreement, Presidency of Bill Clinton, Odyssey Marine Exploration, Continents, ICSID, Odyssey

The First Memorial presents Odysseys NAFTA claims that Mexico, among other things:

Key Points: 
  • The First Memorial presents Odysseys NAFTA claims that Mexico, among other things:
    Violated the Minimum Standard of Treatment;
    Treated the investment less favorably than it treated domestic investors.
  • Odyssey seeks damages of more than $2.3 billion including interest from April 2016 to the date of the First Memorials submission.
  • Once the Memorial is made available by ICSID, Odyssey will provide a link to the filing on its website, www.odysseymarine.com .
  • Odyssey Marine Exploration, Inc. (Nasdaq:OMEX) is engaged in deep-ocean exploration using innovative methods and state-of-the-art technology to provide access to critical resources worldwide.