BIVAC v. Paraguay, ICSID Decision, May 29, 2009, by Christina Beharry

posted Sep 5, 2012, 7:16 AM by Ignacio Torterola   [ updated Dec 6, 2012, 7:59 AM by IACL ]

In a decision on jurisdictional objections rendered on May 29, 2009, under the Agreement between the Kingdom of the Netherlands and the Republic of Paraguay on the encouragement and reciprocal protection of investments (1994), an ICSID tribunal adopted a liberal reading of the umbrella clause in the Treaty.