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Jonas Wetterfors

Bogdanov and ors v Moldova, Award, Stockholm International Arbitration Review (SIAR), No 2006:3, IIC 33 (2005), 22nd September 2005, Arbitration Institute of the Stockholm Chamber of Commerce [SCC]

From: Investment Claims (http://oxia.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved. date: 06 June 2020

Whether Bogdanov's claims were covered by, and hence whether the Arbitration Institute of the Stockholm Chamber of Commerce Tribunal (‘Tribunal’) had the requisite competence under, the Russia-Moldova BIT.

Whether the Tribunal could apply principles of iura novit curia and procedural default because Moldova did not respond or appear in the proceedings in the arbitration.

Whether Moldova violated the fair and equitable treatment standard contained in the Russia-Moldova BIT by failing to compensate the investor for the value of assets transferred to the state under an investment contract in a manner that defeated the investor's legitimate expectations to obtain reasonable consideration for the transferred assets.

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