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Part II The Test for Expropriaton, 8 Contractual Expropriation

From: Expropriation in Investment Treaty Arbitration

Johanne M. Cox

Content type:
Book content
Product:
Investment Claims [IC]
Series:
Oxford International Arbitration Series
Published in print:
09 May 2019
ISBN:
9780198804918

From: Investment Claims (http://oxia.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved. date: 21 March 2023

Subject(s):
Expropriation — Investor

This chapter examines the concept of contractual expropriation. It considers various cases that affirm the principle that contract rights can be expropriated, including Chorzow Factory, Phillips Petroleum Company v Islamic Republic of Iran, Consortium RFCC v Morocco, Eureko BV v Poland, Vigotop Limited v Hungary, Impregilo S.p.A. v. Islamic Republic of Pakistan, Azurix Corp v the Argentine Republic, and Biwater Gauff (Tanzania) Ltd., v. United Republic of Tanzania. Other cases illustrate the distinction between breach of contract and expropriation, such as those brought by Canadian investors against Venezuela under the Canada–Venezuela BIT signed on 1 July 1996: for example, Vannessa Ventures Limited v Venezuela and Crystallex International Corporation v Venezuela.

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