ICSID Finds It Has Jurisdiction Over Bangladesh Gas Field Investment Dispute

WASHINGTON, D.C. - A tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on Aug. 19 found that it has jurisdiction to hear compensation and other claims asserted by a resource company against two other entities in an investment dispute related to the development of gas fields but found that it lacked jurisdiction over the claims asserted against the People's Republic of Bangladesh (Niko Resources $(Bangladesh$) Ltd. v. People's Republic of Bangladesh, et al., Nos. ARB/10/11 and ARB/10/18, ICSID).

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