Through multi-billion-dollar corporate lawsuits, corporations and oligarchs are undermining the EU's sanctions policy against Russia, the European over-profit tax on energy companies, climate and environmental laws, and even national security. For this, they use their own parallel justice system and thus undermine democracy. This is shown by 10 new case studies that we have published with Friends of the Earth Europe, the European Trade Justice Coalition, SOMO and the Transnational Institute.
A sensitive group lawsuit against Germany can also be found among the case studies. She describes how oil and gas company Klesch Group, registered in the Jersey tax haven, is suing Denmark, Germany and the EU over the European excess profit tax for energy companies. Klesch uses ISDS to avoid paying his taxes. Germany was forbidden by the arbitral tribunal to collect the taxes in the first place, although the proceedings are still ongoing.
