Tag: definition of investment

ICSID Rejects Denial of Justice Claims against Kazakhstan in a Recently Released Award
By 28 May, 2013 0 Comments Read More →

ICSID Rejects Denial of Justice Claims against Kazakhstan in a Recently Released Award

Last week ICSID released a redacted version of a 2010 award in Liman Caspian Oil B.V. and NCL Dutch Investment B.V. v. Kazakhstan.  While both the facts of the case and the parties’ positions have been redacted, the remaining parts of the award provide illuminating analysis of such issues as legality of the investment as a […]

Posted in: Investor-State Arbitration, Public International Law
Caratube v. Kazakhstan Contributes to the Definition of Investment Debate
By 16 October, 2012 0 Comments Read More →

Caratube v. Kazakhstan Contributes to the Definition of Investment Debate

We reported earlier that in June 2012 an ICSID tribunal dismissed Caratube International’s USD 1 billion claim against Kazakhstan on jurisdictional grounds. The full text of the award has now been released and is discussed in this article. The dispute centred around the termination of Caratube’s licence to an oilfield in Kazakhstan and allegations that Caratube […]

Posted in: Commercial Arbitration, Investor-State Arbitration, Public International Law