For example, when Poland decided to reverse the privatisation of some insurance services, a Dutch company was able...
Originally shared by Søren Siim Nielsen
For example, when Poland decided to reverse the privatisation of some insurance services, a Dutch company was able to use a bilateral investment treaty between the Netherlands and Poland to sue the latter for future losses it would allegedly suffer as a result. The ISDS tribunal sided with the company and made an award of over €2 billion (£1.4 billion). The same Dutch company sued the Slovak Republic when its government decided to reverse the privatisation of health insurance services, and won yet more "compensation" for indirect expropriation.
In another curious case involving the Czech Republic, two foreign investors in a private TV broadcaster sought damages on the grounds that alleged interference from a government media body had harmed their investments.
Even though the facts in both cases were the same, one tribunal awarded $270 million (£180 million) worth of damages, while the other tribunal dismissed the case.
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Good, breach of contract must be punished.
https://reason.com/assets/mc/ekrayewski/2013_08/civildisobedience_maddox.jpg som de siger.
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