Testing the Limits of Jurisdiction in Investor-State Arbitration in Svalbard’s Waters: Peteris Pildegovics and SIA North Star v. Kingdom of Norway

On 1 April 2020, the Latvian fishing company SIA North Star and its owner Peteris Pildegovics initiated an investor-State arbitration against Norway (Peteris Pildegovics and SIA North Star v. Kingdom of Norway) at the International Centre for Settlement of Investment Disputes (ICSID). This case is n...

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Bibliographic Details
Published in:Arctic Review on Law and Politics
Main Author: Schatz, Valentin
Format: Article in Journal/Newspaper
Language:English
Published: University of Tromsø - The Arctic University of Norway, Faculty of Law 2021
Subjects:
Online Access:https://arcticreview.no/index.php/arctic/article/view/3372
https://doi.org/10.23865/arctic.v12.3372
Description
Summary:On 1 April 2020, the Latvian fishing company SIA North Star and its owner Peteris Pildegovics initiated an investor-State arbitration against Norway (Peteris Pildegovics and SIA North Star v. Kingdom of Norway) at the International Centre for Settlement of Investment Disputes (ICSID). This case is not only Norway’s first ever ICSID case, but also the first publicly known investor-State arbitration in which an operator of a fishing vessel has brought a claim against a coastal State for allegedly unlawful exercise of prescriptive and enforcement jurisdiction in relation to fisheries. The case raises intricate questions concerning the limits of jurisdictionratione materiaeand jurisdictionratione personaeof investment tribunals.