Oil Company Tells ICSID It Lost More Than $2.1B To Slovak Republic Expropriation

(June 9, 2022, 9:23 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) recently released a tribunal’s April 22 order on transparency and the underlying 2021 request for arbitration in a dispute commenced by a U.S. oil company that claims that the Slovak Republic caused it to lose more than $2.1 billion in potential profits by expropriating its oil drilling investment....