Abed El Jaouni and Imperial Holding S.a.l. v. Lebanese Republic, International Centre for Settlement of Investment Disputes (ICSID) Case No. ARB/15/3 - Journal of Damages in International Arbitration, Vol.7 No.1
Abed El Jaouni and Imperial Holding S.a.l. (the Claimants)
Lebanon (the Respondent)
Bilateral Investment Treaty between Germany and Lebanon (BIT)
Members of the Tribunal
Albert Jan van den Berg (President), J. William F. Rowley (Claimants’ appointee), Rodrigo Oreamuno (appointed by the Appointing Authority)
In 2004, Mr. El Jaouni established ImperialJet S.a.l., an aviation business based in Lebanon, to provide private charter, commercial aviation and ground handling services. In 2005-2006, he established Imperial Holding S.a.l. and Aviation Plus Holding S.a.l., Lebanese joint stock companies that held 99.94 percent and 0.03 percent shareholdings in ImperialJet, respectively.