Investor-state dispute settlement

Investor-state dispute settlement (ISDS) or investment court system (ICS) is system through which individual companies can sue countries for alleged discriminatory practices. The practice was made widely known through the Philip Morris v. Uruguay case, where the tobacco company Philip Morris sued Uruguay after having enacted strict laws aimed at promoting public health. ISDS is an instrument of international public law and provisions are contained in a number of bilateral investment treaties, in certain international trade treaties, such as NAFTA (chapter 11), the widely criticized proposed: TPP (chapters 9 and 28) and CETA (sections 3 and 4) agreements. ISDS is also found in international investment agreements, such as the Energy Charter Treaty. If an investor from one country (the "home

Investor-state dispute settlement

Investor-state dispute settlement (ISDS) or investment court system (ICS) is system through which individual companies can sue countries for alleged discriminatory practices. The practice was made widely known through the Philip Morris v. Uruguay case, where the tobacco company Philip Morris sued Uruguay after having enacted strict laws aimed at promoting public health. ISDS is an instrument of international public law and provisions are contained in a number of bilateral investment treaties, in certain international trade treaties, such as NAFTA (chapter 11), the widely criticized proposed: TPP (chapters 9 and 28) and CETA (sections 3 and 4) agreements. ISDS is also found in international investment agreements, such as the Energy Charter Treaty. If an investor from one country (the "home