Introduction

During the last quarter of 2004 three investment arbitration Tribunals dealt with jurisdiction and merit issues of relevance to investors and States. The present report highlights some of the points addressed therein.

1. PSEG Global, Inc., The North American Coal Corporation, and Konya Ingin Eletrik Uretim v. Ticaret Limmited Sirketi v. Republic of Turkey
2. Waste Management Inc. v. United Mexican States
3. Gami Investments, Inc v. The Government of the United Mexican States