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The International Centre for Settlement of Investment Disputes (ICSID) adopted amendments to its rules on 21 March 2022. They are set to come into force on 1 July 2022 and...
On March 21, the Member States of the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) approved extensive amendments to the Centre’s rules and regulations...
This article is part of a series on conducting arbitration in Malaysia. In particular, it looks at the interaction between national courts and arbitral tribunals under the Arbitration Act 1952 and the Arbitration Act 2005, multi-party situations – including consolidation and joinders – and the effect of insolvency of one of the parties.
Member States of the World Bank’s International Centre for Settlement of Investment Disputes ICSID approved extensive amendments to Centre’s rules and regulations, go into effect on July 1, 2022. ICSID remains only dedicated forum in the world for such disputes.
In October 2019, Lebanese banks closed down, and while they did eventually reopen, there are severe restrictions on the withdrawal and transfer of funds and foreign currency transactions – known as "de facto" capital controls. In light of the impact that these restrictions have had on businesses, investors may be tempted to challenge them through recourse to investor-state arbitration.