Organisation: UniCredit

Romania faces claim over renewables project

A Cypriot renewable energy company has launched an ICSID claim against Romania over a wind farm near the Black Sea.

19 May 2020

Banking claim proceeds against Croatia

An ICSID tribunal has allowed a claim brought against Croatia by an Austrian bank over a currency conversion law to proceed, after ruling on jurisdiction and admissibility.

26 March 2020

Another resignation from panel weighing Achmea

US arbitrator Lucinda Low has become the fourth panellist to resign from an ICSID ad hoc committee hearing Hungary’s bid to annul a treaty award in light of the European Court of Justice’s ruling in Achmea on intra-EU investment arbitration.

05 September 2018

Croatia fails to dislodge Alexandrov from ICSID panel

Bulgarian arbitrator Stanimir Alexandrov has survived an attempt by Croatia to disqualify him from hearing an ICSID claim by an Austrian bank, after one of his co-panellists recused himself from deciding the challenge.

31 May 2018

Croatia faces another “francogeddon” claim

A Croatian bank and its two Austrian owners have filed an ICSID claim against Croatia – the fourth case against the state over legislation passed in response to the Swiss central bank’s decision to scrap exchange rate controls.

02 January 2018

Balkan states face claims in wake of "francogeddon"

Fallout from the Swiss central bank's decision to abandon exchange rate controls in 2015 has led to two Austrian banks filing ICSID claims against Croatia and Montenegro.

19 September 2017

ICSID chairman makes his pick of arbitrators

World Bank president and chair of ICSID's administrative council Jim Yong Kim has made 10 additions to the centre's panels of arbitrators - the first time he has exercised his power to to do so under the ICSID Convention.

18 September 2017

Cooley recruits from Volterra Fietta

Christophe Bondy, who formerly led the Canadian government's defence in NAFTA investor-state cases and helped to negotiate its trade agreement with the EU, has left the partnership at Volterra Fietta to join Cooley in London.

04 September 2017

Who is sitting at ICSID?

The latest round of tribunals formed at ICSID has seen first-time appointments for Steptoe & Johnson partner Lucinda Low, Czech arbitrator Milos Olik and former Mexican government lawyer Mariano Gomezperalta, who is sitting in a NAFTA case.

05 July 2017

EDF-Argentina dispute ends after 14 years

A 14-year-long ICSID claim against Argentina over an electricity concession in Buenos Aires is over after claimant EDF apparently lost an ICC arbitration over the right to keep its claim going.

03 April 2017

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