Dr. Kyla Tienhaara is a research fellow in the School of Regulation and Global Governance (RegNet) and co-director of the Climate and Environmental Governance Network (CEGNet), Australian National University.
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In this opinion piece in the Canberra Times (July 31), RegNet’s Kyla Tienhaara and Deborah Gleeson (La Trobe University) look at the potential costs of investor state dispute settlements. A recent estimate put the legal costs resulting from the Philip Morris dispute around plain packaging laws in Australia at $50 million. With Australia to sign the TPP, which includes the biggest users of ISDS - the US, any ISDS clause could signal huge future costs in litigation.
Read the entire article in the Canberra Times.