Riverside Coffee LLC v Republic of Nicaragua - ICSID Case No. ARB/21/16 - Notice of Intent - 28 August 2020
Country
Year
2020
Summary
Reproduced from www.worldbank.org/icsid with permission of ICSID.
Notice of Intent under the Free Trade Agreement between the Dominican Republic, Central America, and the United States (CAFTA)
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THE INVESTOR AND THE INVESTMENT
The Investor, Riverside Coffee, L.L.C., is a limited liability company incorporated in the State of Kansas.. .. The Investor owns and controls an investment in the territory of the Republic of Nicaragua: Empresa Inagrosa S.A. ("Inagrosa"), a Nicaraguan company.. ..
Hacienda Santa Fe operated a Haas avocado plantation in Nicaragua. At Hacienda Santa Fe, Inagrosa cultivated and processed Haas avocados. Hacienda Santa Fe had 1,000 hectares of land in development for Haas avocado cultivation and had a forest of well- over 35,000 hardwood trees, Hacienda Santa Fe had offices, production facilities, residences, and a nursery facility designed to increase production both at Hacienda Santa Fe and at local farms.
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