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On 22 February 2024, the UK government confirmed the UK’s withdrawal from the Energy Charter Treaty (ECT), blaming a failure of efforts to modernise the treaty and align it with net zero aims.
2023 was another year of change brought by global factors, such as the Russia-Ukraine war, the rising trend of protectionism, the continued and increased disruption to supply chains, and inflation — all factors that are set to continue in 2024 and will give rise to dispute risks across different jurisdictions and sectors.
The UK has announced that it will review its membership of the Energy Charter Treaty (the “ECT” or “Treaty”) if there is no agreement on modernisation by November 2023.
With frequent opportunities to travel and clients all over the world, the life of an international arbitration lawyer, although not always easy, is never dull. Believe it or not, Louise Woods – head of international disputes – Europe at Vinson & Elkins – hasn’t always been involved in this area of law.
Ciara Ros authored a report for Global Arbitration Review on The Institute for Transnational Arbitration’s (ITA’s) latest workshop. The ITA’s 35th annual workshop was entitled “Remedies in International Arbitration: Wielding Arbitral Power for Effective Redress.”
Roberta Downey, Head of International Construction and Partner, Vinson & Elkins joins Legal 500 Corporate Conversations — a new-format webinar and podcast that combines the best of the “fireside chat” format with the utility of the “ask me anything” (AMA) presentation.
On 22 November 2022, the Energy Charter Conference is expected to vote on the proposed modernisation of the Energy Charter Treaty (the “ECT” or the “Treaty”), following an agreement in principle reached on 24 June 2022, after years of negotiations led by the EU Commission.
On 12 July 2022, the Africa Arbitration Academy (AAA)1 launched the Bilateral Investment Treaty (BIT) for African States (AAA Model BIT).
In 2007, the Kurdistan Regional Government (the “KRG”) enacted Oil and Gas Law No. 22 of 2007 (the “KRG Oil and Gas Law”). The Federal Government of Iraq (the “FGI”) had initially rejected the draft law, but the regional parliament within Kurdistan approved it on the basis of its view that the draft law was within the KRG’s competencies under the 2005 Constitution of the Republic of Iraq (the “Iraqi Constitution”).
Virtually every day brings another headline trumpeting the latest campaign by a shareholder activist against a public company. Activists have become fixtures on the corporate landscape, agitating for change at a growing number of U.S. corporations. Over the last 15 years, the number of activist campaigns in the U.S. has more than tripled, reaching 277…