Arbitration, Russian Sanctions and Sovereign Default
The Russian invasion of Ukraine has led to a seismic shift in business relations as foreign companies in Russia seek to distance themselves from the nation.
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The Russian invasion of Ukraine has led to a seismic shift in business relations as foreign companies in Russia seek to distance themselves from the nation.
Greetings and welcome to EURACTIV’s Green Brief. Below you’ll find the latest roundup of news covering energy & environment from across Europe. You can subscribe to the weekly newsletter here. Of all the objectives in the European Green Deal, presented in December 2019, the “Zero Pollution Action Plan” immediately jumped out as the one policymakers were likely to struggle with the most. “Creating a toxic-free environment” with zero air, water and soil pollution is something hardly anyone can disagree with. Yet the objective has been treated with little urgency by the European Com...
Tomas Vail is an arbitration lawyer and leader of Vail Dispute Resolution Critiques of the ECT portray the investment mechanism of the ECT as being in conflict with a state’s ability to achieve its climate change targets. This is a false dichotomy. Moreover, such critiques ascribe no agency to the state. They ignore the fact that states drafted, negotiated and voluntarily entered into the ECT and consented to its arbitration provisions. They ignore the fact that states can, and do, undermine their own regulatory frameworks to the detriment of both investors and climate change targets. The c...