ICSID Bifurcates Pipeline Owners’ $15B Claims Against U.S. For Canceled Permits

Mealey's (May 16, 2023, 8:50 AM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) published a tribunal’s order granting the United States’ request for bifurcation of its objection that two Canadian pipeline companies can’t bring a claim against it for breaching the North American Free Trade Agreement (NAFTA) based on the termination of their license to operate a cross-border pipeline, which occurred after NAFTA expired....