Definition of investment — Investment ‘in accordance with host state law’ — Shareholding — Nationality of investor
Core Issue(s)
Whether a claimant’s previous possession of host state nationality or loss of investor state nationality was sufficient to deny ratione personae jurisdiction. — The extent to which noncompliance with host state law breached a BIT’s legality requirement.
United Nations [UN]; World Bank; International Centre for Settlement of Investment Disputes [ICSID]
Subject(s)
Witnesses — Definition of investment — Investment ‘in accordance with host state law’ — Most-favoured-nation treatment (MFN) — Good faith — Corruption claim — Counterclaims — Conduct of proceedings — Confidentiality — Costs and expenses
Core Issue(s)
Whether the tribunal had jurisdiction to hear the parties’ claims and counterclaims brought under the Agreement for the Promotion and Reciprocal Protection of Investments between Israel and Uzbekistan and Uzbek law due to corruption related to the claimant’s investment in Uzbekistan.