Café Economique: The problem with (ISDS) Corporate Courts in International Trade Deals. Talk by Dr Sally Brooks,honorary fellow in the School for Business and Society, University of York.
The Corporate Court (ISDS - Investor State Dispute Settlement) system was created 60 years ago to protect foreign investors in former colonies after independence. It has evolved as a secretive international legal system that allows corporations to sue states for laws, regulations and domestic court rulings they think will reduce their profits. Today there are more than 3000 international trade and investment treaties that include ISDS clauses.