Report exposes bias in tribunals used by foreign investors to sue governments
The Australian Government is being sued for damages by the Philip Morris tobacco company in an international tribunal over its tobacco plain packaging legislation. The Government is opposing the inclusion of investor rights to sue in the Trans Pacific Partnership (TPPA) negotiations which begin in New Zealand on December 2.
A study by the Amsterdam-based Transnational Institute shows how these tribunals, made up of investment lawyers who can also be advocates, lack independence and result in decisions which favour business at the expense of health, environment and other public interest legislation.
See the report at http://www.tni.org/ProfitingFromInjustice.pdf