Region: Azerbaijan

Azerbaijan defeats ECT claim over oilfield sale

An ICSID tribunal has declined to hear a Georgian businessman’s US$700 million claim against Azerbaijan over alleged interference in the sale of his stake in an onshore oilfield. 

09 April 2025

ICSID claimants fail to lift Azerbaijan travel ban

An ICSID tribunal hearing a claim against Azerbaijan has refused to order the state to lift a travel ban on the claimants’ representative or unfreeze their bank accounts – saying the request was premature.

30 January 2025

ICJ allows claims by Armenia and Azerbaijan to proceed

The International Court of Justice has found it can hear claims by Armenia against Azerbaijan relating to the conflict over Nagorno-Karabakh, while narrowing the scope of parallel claims brought by Azerbaijan. 

13 November 2024

Align ISDS with climate change goals, says Mourre

In a speech in Baku, Azerbaijan, where COP29 will take place later this year, Alexis Mourre considered how investor-state dispute settlement can be made to align with climate change goals, with reference to recent Energy Charter Treaty cases.

13 August 2024

Azerbaijan adopts new arbitration law

Azerbaijan has implemented a new law on arbitration, largely based on the UNCITRAL Model Law and paving the way for an arbitral institution to be created in the state.

22 July 2024

Baku event puts spotlight on Azerbaijan 

Panellists at the second edition of the Azerbaijan Arbitration Days (AzAD) discussed the progress the country has made in the field of arbitration, including the adoption of the state’s new arbitration law.  

22 July 2024

Panel in place for landmark biodiversity case

A panel has begun hearing the landmark inter-state arbitration Azerbaijan has filed against Armenia under the Bern Convention on the Conservation of European Wildlife and Natural Habitats. 

15 April 2024

Details emerge of Iranian businessman’s claim against Azerbaijan

The Permanent Court of Arbitration has published documents from a treaty claim filed by an Iranian businessman against Azerbaijan – revealing the investor is seeking US$800 million over an alleged conspiracy led by the country’s president to seize his investments.

28 February 2024

First inter-state ECT claim gets underway

UPDATED: A tribunal has begun hearing a first-of-its-kind arbitration brought by Azerbaijan against Armenia under the Energy Charter Treaty, one of the many legal proceedings arising from the Nagorno-Karabakh conflict.

16 January 2024

UK investor's estate brings ICSID claim against Azerbaijan

The estate of a deceased British businessman in the construction sector has brought an ICSID claim against Azerbaijan.

17 October 2023

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