UPDATED WITH AWARD: A split ICSID tribunal has refused to hear a US$15 billion legacy NAFTA claim by Canada’s TC Energy Corporation over a cancelled permit for the controversial Keystone XL pipeline project.
15 July 2024
The latest round of panels formed at ICSID includes double appointments for Canadian arbitrators Stephen Drymer and Henri Alvarez and academics Stephan Schill of Germany and John Crook of the US.
27 September 2022
The Canadian province of Alberta has turned to outside counsel as it takes formal steps to begin a legacy NAFTA claim against the United States over the cancelled Keystone XL oil pipeline.
11 February 2022
After the Biden administration was hit with a US$15 billion NAFTA claim by the owner of a cancelled cross-border pipeline project, the Canadian province of Alberta has confirmed it intends to bring its own investment arbitration against the US – which practitioners suggest could be the first case of its kind under the trade agreement.
26 November 2021
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