... in Free Trade Agreements and other investment protection pacts, laws, or contracts. These allow companies to bypass domestic courts and sue governments before private tribunals of highly paid corporate ...
... agreements, gives transnational companies binding recourse to a perverse international arbitration system known as Investor State Dispute Settlement (ISDS). ISDS claims are heard in tribunals such as ICSID ...
... Tribunal, to declare the country on the verge of water stress, meaning insufficient water resources to meet human demand. Confirming this view, a study by the Office of the Ombudsperson for the Defense ...
... can only appoint one. To complement the privatization strategy, a super board of directors is created with absolute powers to control every action, from hiring personnel, managing the water tribunal, controlling ...
... tribunal of bankers.
To La Mesa and the groups that agitated for El Salvador’s 2017 legislation to ban mining we congratulate you. We will continue to give our solidarity and support to you until OceanaGold ...
... thanks to the international alliances, the country managed to put pressure on the ICSID tribunal so that the ruling of the case would be favorable to El Salvador. These investment or free trade treaties ...
... at the supreme court, if that is not resolved by national institutions, then we are prepared to go to international tribunals” said Freddy Flores a leader of the local Community Development Association. ...
... tribunal rejected OceanaGold’s claim for US$250 Million against El Salvador for not having granted it a permit to mine. The International Centre for Settlement of Investment Disputes (ICSID) instead ordered ...
... government of El Salvador: US based Commerce Group for $100 million and Pacific Rim Mining (later OceanaGold) sued for $301 million US at a World-Bank housed tribunal, the International Centre for Settlement ...
... He added that around 600 similar cases are being processed by the tribunal highly biased in favor of corporations, and that it should disappear.
Pérez Rocha explained that an advisable measure for countries ...
... made history, becoming the first country to ban metal mining outright, after a World Bank tribunal rejected last October a US$250 million lawsuit launched against the government by Canadian-Australian ...
... deadly. Several anti-mining activists were murdered in the state of Cabañas, where the company planned to mine.
OceanaGold’s case was heard by an international tribunal overseen by the World Bank. In ...
... 2016: After a seven-year battle, a World Bank Group-affiliated arbitration tribunal ruled unanimously against a global mining firm that sued El Salvador for not granting it a mining license.2 Global corporations ...
... in the world to do so. The historic vote came just six months after a World Bank tribunal ruled in favour of the country’s government in an international investment arbitration case brought by a Canadian ...
... not address the reputational risk that the company continues to face.
In October 2016, a World Bank tribunal found against OceanaGold in a seven-year, multimillion-dollar suit against El Salvador. The ...
... The following year, the company filed a claim against El Salvador with the International Centre for the Settlement of Investment Disputes (ICSID), a supranational arbitration tribunal housed at the World ...
... rights.
Under Free Trade Agreement rules, the case ended up before the International Centre for Settlement of Investment Disputes (ICSID), a World Bank tribunal, which found that the company had not complied ...
... opposition from a wide range of groups inside and outside El Salvador, the ICSID tribunal ruled against the company.
When legislators announced that they would begin serious discussion on the mining ban, ...
... In total, the tiny Central America country has paid more than US$13 million in legal costs and fees.
The ICSID ruling against the company came as a surprise because the tribunal has previously been criticized ...
MiningWatch
After seven years, four murders and US$24 million in total legal costs, in October 2016, a little-known World Bank tribunal trashed OceanaGold’s claim that El Salvador either owed it a mining ...