D.C. Circuit Adopts Twelve-Year Statute of Limitations for Enforcing ICSID Awards
Last week, the D.C. Circuit held in Titan Consortium 1 v. Argentine Republic that suits brought in the District of Columbia to enforce arbitral awards issued by the International Centre for the Settlement of Investment Disputes (“ICSID”) are subject to a twelve-year statute of limitations. Both the rule and reasoning in Titan Consortium underscore the…
Continue ReadingImmunity, Consent, and Arbitration Treaties
If a state agrees to arbitrate a dispute with a private party – through, for example, the operation of a bilateral investment treaty – and then loses the arbitration, has it waived its immunity in a suit to enforce the resulting judgment if it is a party to the Convention on the Recognition and Enforcement…
Continue ReadingImmunity or Not? The English Court of Appeal Decides
In the United Kingdom, § 2 of the State Immunity Act 1978 (SIA) provides an exception to State immunity if a State has “submitted” to the jurisdiction of UK domestic courts. In a 2024 decision, the English Court of Appeal considered whether, under § 2 of the SIA, a State’s adoption of the Convention on the Settlement…
Continue ReadingDoes the New York Convention Apply to Investor-State Awards?
On August 9, 2024, in Zhongshan Fucheng Industrial Investment Co. v. Federal Republic of Nigeria, the D.C. Circuit held that Nigeria was not immune from suit to enforce an arbitral award for a Chinese investor under a bilateral investment treaty. The U.S. Foreign Sovereign Immunities Act (FSIA) has an exception to state immunity for actions…
Continue ReadingLower Court Grapples with Supreme Court Ruling on Section 1782 and Investor-State Arbitration
Back in June 2022, the U.S. Supreme Court resolved a circuit split on the applicability of Section 1782’s discovery tools for private commercial arbitration, and simultaneously addressed a related issue of Section 1782’s use in investor-state arbitration. The investor-state issue came to the Court in the case of AlixPartners LLP v. The Fund for Protection…
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