World Bank; International Centre for Settlement of Investment Disputes [ICSID]
Expropriation — Investment defined in treaties — Shareholding — Jus standi — Subrogation — Fair and equitable treatment standard — Full protection and security — State entities and attribution — Implicit choice of law — Indirect claims — Umbrella clause — Dissenting opinion — Costs and expenses
Whether the conduct of a real estate investment trust owned in part by a state's housing development organization was attributable to a state. — Whether a Claimant could bring claims on behalf of a third party. — Whether a bilateral investment treaty's ‘umbrella clause’ allowed an investor to invoke alleged breaches of a state's foreign direct investment law and pre-contractual assurances purportedly given to the investor by government officials.