Swisslion DOO Skopje v. Macedonia, former Yugoslav Republic of (ICSID Case No. ARB/09/16) Award - 6 July 2012
Country
Year
2012
Summary
Case Report (free download)
Case Report by Sana M. Onayeva, Edited by Ignacio Torterola
Summary
In a decision rendered on 6 July, 2012, under the Agreement between the Macedonian Government and the Swiss Federal Council on the Promotion and Reciprocal Protection of Investments, signed on 26 September 1996 (the "Treaty") and pursuant to the ICSID Arbitration Rules, the Tribunal held that the Respondent had breached Article 4 (2) of the Treaty by failing to accord fair and equitable treatment to the Claimant's investment, dismissed all other Claimant's claims, and ordered the Respondent to pay 350, 000 of the Claimant's costs of legal representation.
Case report provided by International Arbitration Case Law (IACL)
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