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Guaracachi America, Inc. and Rurelec PLC v. The Plurinational State of Bolivia, UNCITRAL, PCA Case No. 2011-17, Award (Corrected) (January 31, 2014)

Author(s): 
Jose Miguel A. Judice
Raul E. Vinuesa
Published: 
January, 2014
Jurisdictions: 
Bolivia
Practice Areas: 
Investment Disputes,
Arbitral Awards,
PCA,
UNCITRAL,
BITS,
Costs and Damages,
Interest and Costs
Tags: 
Consent to Jurisdiction,
Consolidation of Claims,
Denial of Benefits,
Fork in the Road,
Creeping Expropriation,
Fair and Equitable Treatment,
Full Protection and Security,
Adoption of Unreasonable Measures,
Ineffective Means,
Indirect Ownership,
Discounted Cash Flow (DCF),
Prompt Adequate and Effective Compensation
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Description: 

CHAPTER I – INTRODUCTION

A. THE PARTIES

1. The Claimants in the present arbitration are Guaracachi America, Inc., a company incorporated in the United States of America, with its principal place of business at Loockerman Square 32, Suite L-100, Dover, Delaware, United States of America (hereinafter, “GAI”), and Rurelec Plc, a company constituted under the laws in force in the United Kingdom, with its principal place of business at Prince Consort House, 5th Floor, 27-29 Albert Embankment, London SE1 7TJ, United Kingdom (hereinafter, “Rurelec”, and together with GAI, the “Claimants”). The Claimants are represented in these proceedings by: