Thursday, 30 April, 2015
A law firm that has represented numerous multinational corporations in controversial court cases against national governments through the ‘investor protection’ mechanism in a series of bilateral trade deals will be targeted on Thursday in a creative protest involving US-based performance activistsReverend Billy and the Stop Shopping Choir.
Investor protection court cases have become increasingly controversial in the UK as a result of the proposed Transatlantic Trade and Investment Partnership (TTIP) being negotiated by the USA and EU. Under TTIP, the Investor-State Dispute Settlement mechanism (ISDS) would allow corporations to sue governments for introducing legislation or policies that were harmful to corporate profits.
King & Spalding is a law firm that has been involved in numerous cases of corporations suing governments. King & Spalding has been representing Veolia in a court case against Egypt for increasing the minimum wage.
The protest, co-organised by Global Justice Now will involve Reverend Billy delivering a sermon relating to the huge corporate power grab that ISDS would generate under TTIP, before performing a stylized ‘exorcism’ of corporate power in the offices, accompanied by gospel singing from the seventeen-strong Stop Shopping Choir.
Guy Taylor, the trade campaigner from Global Justice Now said:
“King & Spalding have represented countless corporate clients in suing governments for making decisions that have benefited workers rights, public services or protected the environment. The controversial EU-USA trade deal TTIP would massively ramp up the ability of corporations to carry out court cases like this.
Governments would start implementing legislation on the basis of whether they were safe from litigious corporations rather than whether it was beneficial to ordinary people. And law firms like King & Spalding would make a fortune through representing even more corporate clients in all the additional court cases.”
In January 2015 the EU’s public consultation on ISDS revealed that 97% of the people who responded said they wanted it excluded from the deal. Last week it was revealedthat half of the EU parliamentary committees that had discussed TTIP were against the inclusion of ISDS in the deal.
King & Spalding have represented:
Chevron against BangladeshEnron against Argentina
Global Gold Mining against Armenia
Pioneer Natural resources Company against Argentina
Mobil against Argentina
Pan American Energy against Argentina
City Oriente against Ecuador
Camuzzi International SA against Argentina
Machala Power against Ecuador
Azurix Corp against Argentina
Impregilo against Argentina
Fraport against the Philippines
Chevron and Texaco against Ecuador
Chevron and Texaco against Ecuador - again
Renco mining Group against Peru
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Kommentar:
Very interesting discussions in the UK House of Commons in February 2015 regarding participation of members of the house in annual meetings of the Illuminati Bildeberg Conference. (video)
Top UK financial member of the house has participated for 10 years,the Prime Minister and other members of the house were also present.
Top UK financial member of the house has participated for 10 years,the Prime Minister and other members of the house were also present.
Affraid TTIP has infiltrated the most important departments of the EU members over many years,even the European Commission which will be the one to decide for or against membership in the TTIP.
Administrator
THE OTIUM POST
Administrator
THE OTIUM POST
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