ICSID Tribunal Agrees To Seal Seismic Data In $2.5B Claim Against Canada

Mealey's (October 21, 2022, 2:05 PM EDT) -- WASHINGTON, D.C. — In a confidentiality order, an International Centre for Settlement of Investment Disputes (ICSID) tribunal hearing claims brought against Canada by three investors and their geological survey company for more than $2.5 billion in damages agreed to keep confidential during the proceeding all references to the investors’ allegedly protected seismic data for use in oil exploration, which they contend was publicized by Canada, destroying their business....