(1) María de la Concepción Felipe Velázquez, (2) Daniel Nava Felipe and (3) Maitte Josefina Nava Felipe v. Bolivarian Republic of Venezuela
Permanent Court of Arbitration · Interstate and investor-state (PCA) · International · 1976
Why it matters
María de la Concepción Felipe Velázquez (Private entity )Daniel Nava Felipe (Private entity )Maitte Josefina Nava Felipe (Private entity ) v. Bolivarian Republic of Venezuela, an investor-state arbitration, in which an investor brought claims against a state, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the María de la Concepción Felipe Velázquez, (2) Daniel Nava Felipe and (3) Maitte Josefina Nava Felipe v. Bolivarian Republic of Venezuela. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.
Summary
María de la Concepción Felipe Velázquez (Private entity )Daniel Nava Felipe (Private entity )Maitte Josefina Nava Felipe (Private entity ) v. Bolivarian Republic of Venezuela, an investor-state arbitration, in which an investor brought claims against a state, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the María de la Concepción Felipe Velázquez, (2) Daniel Nava Felipe and (3) Maitte Josefina Nava Felipe v. Bolivarian Republic of Venezuela. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.
The detail
Parties: María de la Concepción Felipe Velázquez (Private entity )Daniel Nava Felipe (Private entity )Maitte Josefina Nava Felipe (Private entity ) v. Bolivarian Republic of Venezuela
Case number: 2022-02
Outcome: Status: Pending
Applicable law: The applicable treaty, contract or arbitration rules; see the original.
Issues in play: Public international law / investment law
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