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CMS - a US company - became a minority shareholder in TGN, a gas distribution company.
IIAs normally provide a general obligation to allow transfers related to an investment, followed by a non-exclusive list of illustrative transfers, which usually includes an expansive definition of the term 'returns.' For example, Article V, Argentina-US (1991 provides: Each Party shall permit all transfers related.
Texaco Overseas Petroleum.In 1922, an arbitral tribunal established between Norway and the US declared that pige cam chat interna-!A few IIAs make no express mention of protection obligations.412.43 Physical protection Due diligence in the physical protection of aliens and their property is required under the minimum standard of treatment413 IIA awards have consistently found that bedste nøgne cams protection and security obligations in IIAs impose.6.26 Legitimate expectations Tribunals have identified the protection of legitimate expectations as a key element of fair and equitable treatment.238 Indeed, one tribunal has referred to it as the 'dominant element' of the standard.239 References to legitimate expectations have become ubiquitous in IIA claims and.Austria, Canada, France, Ireland, Israel, Italy, Japan, The Netherlands, Norway and Spain abstained from voting.See,.g., Grimm.The tribunal found that, even before termination, the contractual rights had been rendered worthless and losses would only continue to mount.Philippines adopted a broad interpretation of Article X(2 Philippines-Switzerland (1997 which provided for the observance of 'any obligation.



The study also highlights the importance of the political, economic and institutional features of the host state.
39, Judge Higgins in her separate opinion stated that ' "fair and equitable treatment to nationals and companies" and "unreasonable and discriminatory measures" are legal terms of art well known in the field of overseas investment protection, which is what is there addressed.' 119.
India has since signed an IIA with China.The ICJ, however, found that the Barcelona Traction, Light and Power Company, Ltd.' (1970) 11 vjil 327;.Article 31(1) of the Vienna Convention on the Law of Treaties provides that: 'A treaty shall be interpreted in good faith in accordance with the ordinary meaning to be given to the terms of the treaty in their context and in the light of its.See Amended Statement of Defence of Respondent United States of America, 5 Dec.Although this argument is appealing on its surface, there would not appear to be a principled basis upon which to decide that an MFN clause applies to issues of admissibility but not jurisdiction.It is clearer to consider the third step of the analysis as a requirement that the respondent state provide a rational basis for the differential treatment.79 use of 'same' or 'like.' In the Matter of Cross Border Trucking Services (nafta Chapter 20 Panel Decision, Final.This issue is examined in the sections below.




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