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New Zealand has recently signed “side letters” to exclude compulsory Investor State Dispute Settlement (“ISDS“) with five members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“CPTPP“) – Brunei Darussalam, Malaysia, Peru, Viet Nam and Australia. This demonstrates the evolving approach to ISDS in the Asia Pacific region and is of particular interest both … Read more
We are delighted to share with you the new publication from Herbert Smith Freehills' Global Arbitration Practice, Inside Arbitration. In our first edition: Dr Jacomijn van Haersolte-van Hof, Director General of the London Court of International Arbitration considers how the 2014 Rules are working in practice and the LCIA's efforts to share more information with … Read more
Join us for a panel discussion on the dispute resolution system in the Trans-Pacific Partnership (TPP), presented by experts in international arbitration, as well as members of TPP government negotiating teams from Peru and Mexico. They will discuss the controversies arising out of the TPP's adoption of investor state arbitration. Date: Thursday, January 7, 2016 Time: … Read more
Yesterday, 12 November, the EU formally presented its proposed language for the Investment Chapter of the TTIP to the US. As discussed in our earlier blog piece here, the EU is suggesting an "Investment Court System" to resolve disputes between investors and states under the TTIP. The 12 November text is very similar to that … Read more
New Zealand released the full text of the TPP to the public today 5 November. The text can be found here. We will follow up with further consideration of the investment chapter in due course. For further information, please contact Donald Robertson, Partner, Laurence Shore, Partner, Vanessa Naish, Professional Support Consultant, Hannah Ambrose, Professional Support … Read more
After a lengthy final period of negotiation in Atlanta, it has been announced that the TPP, the world’s largest mega-regional trade and investment deal, has been agreed. The investment chapter is not yet available but is briefly summarised on USTR’s website here. As anticipated, the TPP includes substantive investment protections found in many investment agreements, … Read more
