Resource

The Zombie ISDS

February 2016

The investor-state dispute settlement system (ISDS) allows foreign companies to sue governments in their own privileged judicial system for any changes in public policy that affect their profits. The people of Europe overwhelmingly rejected ISDS when consulted by the European Commission.

The EC responded with a revised proposal promising to replace the ‘old’ ISDS system, with a ‘new’ and independent system: the Investment Court System or ICS.

Our new report  slams the EC's proposal on corporate investment courts as nothing more than a cynical rebranding exercise. In a nutshell, the 'new' ICS is ISDS back from the dead: the zombie ISDS.

The Zombie ISDS

Latest news

Ecuador scraps ‘corporate court’ investment treaties

26 May 2017 - 11:30am

The global fightback against corporate courts has taken another huge step forward. Ecuador has decided to terminate all its bilateral investment treaties due to its recognition of the immense dangers posed by corporate courts.

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Court rules EU states must have say over corporate court trade deals

26 May 2017 - 11:00am

In another blow to the European Commission and a major victory for the European trade justice movement, the European Court of Justice again ruled against the Commission’s interests by deciding that it could not seal trade deals including corporate courts without approval from EU member states.

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I’ve made my voice heard, you can too! Contact your candidates and ask them where they stand @WarOnWant #GE2017https://t.co/UJ9ITtM1vS 1 day 21 hours ago
#Ecuador scraps ‘corporate court’ investment treaties https://t.co/0lCCtVHa9p #StopTTIP #StopCETA #Tradehttps://t.co/gse05TwqUI 1 day 21 hours ago
Ecuador scraps investment treaties - yet another blow for #ISDS corporate courts https://t.co/co102pc5jk #StopTTIPhttps://t.co/VK750al1iQ 1 day 22 hours ago