Originally from World Arbitration And Mediation Review (WAMR)

The claim was brought under the Bilateral Investment Treaty between the Capitalist Republic of Investors and the State of Itania for expropriation, breach of fair and equitable treatment, and other claims, following the termination of the Claimant’s oil concession. The Tribunal is comprised of Lucy Reed of the USA (President), Pierre Bienvenu of Canada, and Dr. Claus von Wobeser of Mexico.

A. Parties and Counsel

1. Claimant: Investco

Represented by Guido Tawil and Leah D. Harhay, of J. Bond and Associates, of London, England.

2. Respondent: Itania

Represented by Abby Cohen Smutny and Eduardo Damião Gonçalves, of Spectre LLP, of Dallas, Texas, USA.