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

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Attempt to restrict council pension boycotts is ruled unlawful https://t.co/FhvhgT12Ic via @localgoveditors 2 hours 41 min ago
Please share the great news of our victory for local democracy and the fight for human rights! #localdemocracy #BDShttps://t.co/AcOLoJfSSM 22 hours 5 min ago
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