Summary

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Case Report (free download)

Case Report by Ibrahim Amir, Editor Diego Luis Alonso Massa

Summary

The Claimant's contention in this proceeding that Poland has expropriated Claimant's qualifying investment in Poland and done so without compensation, in violation of the Bilateral Investment Treaty between Poland and the Government of the Kingdom of Belgium and the Government of the Grand Duchy of Luxembourg. The Tribunal has determined that Respondent expropriated Claimant's shares of stock by compelling Claimant to sell those shares at a highly disadvantageous moment, and therefore, ordered Respondent to compensate the Claimant for the resulting loss.

Main issues

Expropriation - Violation of BIT's Provisions - The Principle of Proportionality - Fair and Equitable Treatment

PL Holdings S.á.r.l. v. Republic of Poland (SCC Case No. V 2014/163) - Partial Award - 28 June 2017

Case report provided by International Arbitration Case Law (IACL)

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