ICSID case ARB/00/7 (Award)
ICSID · Investment (ICSID and treaty) · International (investor-state) · 18 April 2003
Why it matters
World Duty Free Company Limited v. Republic of Kenya, an investment-treaty arbitration administered by ICSID (case no. ARB/00/7), in which a foreign investor brought claims against a state under an investment treaty. In the outcome, Award rendered on October 4, 2006. For a student, it is a worked example of investor-state dispute settlement: how an ICSID tribunal weighs a state's right to regulate against the treaty protections owed to foreign investors.
Summary
World Duty Free Company Limited v. Republic of Kenya: an ICSID award (ARB/00/7). In the outcome, Award rendered on October 4, 2006. The tribunal's full reasoning is set out in the original.
The detail
Parties: World Duty Free Company Limited v. Republic of Kenya
Case number: ICSID Case No. ARB/00/7
Outcome: Award in case ARB/00/7. See the original for the disposition and any quantum.
Applicable law: ICSID Convention and Arbitration Rules; the applicable investment treaty.
Issues in play: A foreign investor's treaty protections against a sovereign state's right to regulate.
Read the full decision at ICSID case database ↗
Locus Standi links to the source decision and publishes its own plain-language summary. It does not reproduce the text of the award.