Investment Arbitration, North America, Public Policy

(Crowell & Moring LLP)/ /1 Comment
American Society of International Law (ASIL)

On May 4, 2009, the Obama administration proposed far-reaching measures designed to curb the tax benefits enjoyed by U.S.-based multinational corporations with offshore operations. Based on 2004 figures, those corporations are said to enjoy an effective tax rate of about 2.3% on their foreign revenue. The measures seek to end the practice of U.S. multinationals…

Arbitration Awards, Arbitration Proceedings, International Courts, Investment Arbitration

(Crowell & Moring LLP)/ /1 Comment
American Society of International Law (ASIL)

On August 14, 2008, while the armed conflict over Abkhazia and South Ossetia between Georgia and Russia was raging, Georgia filed a request for the indication of provisional measures with the International Court of Justice (ICJ) in The Hague in order to preserve its rights under the International Convention on the Elimination of All Forms…