ISDS: Expanding Corporate Power to Attack Laws in Every State

ISDS: Expanding Corporate Power in Alaska

ISDS: Expanding Corporate Power in Arkansas

ISDS: Expanding Corporate Power in Arizona

ISDS: Expanding Corporate Power in California

ISDS: Expanding Corporate Power in Colorado 

ISDS: Expanding Corporate Power in Connecticut

ISDS: Expanding Corporate Power in Delaware

ISDS: Expanding Corporate Power in Florida

ISDS: Expanding Corporate Power in Georgia

ISDS: Expanding Corporate Power in Hawaii

ISDS: Expanding Corporate Power in Iowa

ISDS: Expanding Corporate Power in Idaho

ISDS: Expanding Corporate Power in Illinois

ISDS: Expanding Corporate Power in Indiana

ISDS: Expanding Corporate Power in Kansas

ISDS: Expanding Corporate Power in Kentucky

ISDS: Expanding Corporate Power in Lousiana

ISDS: Expanding Corporate Power in Massachusetts

ISDS: Expanding Corporate Power in Maryland

ISDS: Expanding Corporate Power in Maine

ISDS: Expanding Corporate Power in Michigan

ISDS: Expanding Corporate Power in Minnesota

ISDS: Expanding Corporate Power in Missouri

ISDS: Expanding Corporate Power in Mississippi

ISDS: Expanding Corporate Power in Montana

ISDS: Expanding Corporate Power in North Carolina

ISDS: Expanding Corporate Power in North Dakota

ISDS: Expanding Corporate Power in Nebraska

ISDS: Expanding Corporate Power in New Hampshire

ISDS: Expanding Corporate Power in New Jersey

ISDS: Expanding Corporate Power in New Mexico

ISDS: Expanding Corporate Power in Nevada

ISDS: Expanding Corporate Power in New York

ISDS: Expanding Corporate Power in Ohio

ISDS: Expanding Corporate Power in Oklahoma

ISDS: Expanding Corporate Power in Oregon

ISDS: Expanding Corporate Power in Pennsylvania

ISDS: Expanding Corporate Power in Rhode Island

ISDS: Expanding Corporate Power in South Carolina

ISDS: Expanding Corporate Power in South Dakota

ISDS: Expanding Corporate Power in Tennessee

ISDS: Expanding Corporate Power in Texas

ISDS: Expanding Corporate Power in Utah

ISDS: Expanding Corporate Power in Virginia

ISDS: Expanding Corporate Power in Vermont

ISDS: Expanding Corporate Power in Washington

ISDS: Expanding Corporate Power in Wisconsin

ISDS: Expanding Corporate Power in West Virginia

ISDS: Expanding Corporate Power in Wyoming

At the heart of the Trans-Pacific Partnership (TPP) are new rights for thousands of multinational corporations to sue the U.S. government before a panel of three corporate lawyers. These lawyers can award the corporations unlimited sums, including for lost future expected profits, to be paid by America's taxpayers. The corporations need only convince the lawyers that a U.S. federal or state law, court ruling or regulatory decision violates the extraordinary new rights the TPP would grant them. The decisions are not subject to appeal. This shocking process, called “investor-state dispute settlement” (ISDS), empowers multinational corporations to attack the laws we rely on for a clean environment, financial stability, affordable medicines, safe food and decent jobs. 

The United States has largely avoided ISDS attacks because past treaties were with nations that did not have many investors here. But the TPP and a similar deal with European nations, called the Transatlantic Trade and Investment Partnership (TTIP), would change that. Under existing U.S. treaties, other countries have paid nearly $4.5 billion to corporations for toxics bans, water and timber policies, land-use rules regulatory permits, and more. Another $58 billion in claims are now pending against climate and energy laws, medicine pricing policies, pollution cleanup orders and other public interest policies.

Nationwide, the TPP would roughly double U.S. exposure to ISDS attacks and a TTIP would quadruple the exposure, spelling an unprecedented increase in U.S. ISDS liability. Under all existing ISDS-enforced pacts, the total number of firms that can currently launch ISDS cases against the U.S. government is about 4,100 foreign corporations that own about 9,829 U.S. subsidiaries. The TPP would newly empower more than 3,682 additional corporations in TPP countries that own more than 10,085 subsidiaries here, to launch cases against the U.S. government. The TTIP would newly empower more than 12,100 European Union parent corporations that own more than 26,961 U.S. subsidiaries, to go to the panels of corporate lawyers and demand U.S. taxpayer compensation.

How could your state be threatened? Click the map above to find out.

Featured Resources:

Foreign Investor Attacks on Public Interest: Click here to examine cases where corporations have challenged laws and regulations under the investor-state provisions of U.S. "trade" deals.




Source:
Uniworld's foreign firms database: uniworldonline.com