Deutsche Lufthansa AG (Germany) v. The Bolivarian Republic of Venezuela
Permanent Court of Arbitration · Interstate and investor-state (PCA) · International · 2022
Why it matters
Deutsche Lufthansa AG (Germany) (Private entity ) v. The 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 Deutsche Lufthansa AG v. The 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
Deutsche Lufthansa AG (Germany) (Private entity ) v. The 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 Deutsche Lufthansa AG v. The 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: Deutsche Lufthansa AG (Germany) (Private entity ) v. The Bolivarian Republic of Venezuela
Case number: 2022-03
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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