WB body rules in favour of RP over SGS claim
Article from: TDM 3 (2004), in Investor-State Disputes - International Investment Law
Introduction
A World Bank arbitration panel has ruled that Swiss-based Société Générale de Surveillance (SGS) must bring its claim for unpaid fees against the Philippine government for its former preshipment inspection service before a Philippine court. In a January 29 ruling, the International Center for Settlement of Investment Disputes (ICSID), composed of Professor James Crawford of Cambridge University, Professor Antonio Crivellaro and Dr Ahmed El-Kosheri said it could not take precedence over an exclusive jurisdiction clause under SGS service contract that specifies either the ...