ICSID case UNCT/13/1 (Annulment decision)
ICSID · Investment (ICSID and treaty) · International (investor-state) · July 8, 2014
Why it matters
THE RENCO GROUP, INC. CLAIMANT, v. THE REPUBLIC OF PERU RESPONDENT. CLAIMANT, an investment-treaty arbitration administered by ICSID, in which a foreign investor brought claims against a state under an investment treaty. For a student, it is a worked example of investor-state dispute settlement: how ICSID tribunals weigh a state's right to regulate against the treaty protections owed to foreign investors.
Summary
THE RENCO GROUP, INC. CLAIMANT, v. THE REPUBLIC OF PERU RESPONDENT. CLAIMANT: an ICSID annulment decision. The tribunal's full reasoning is set out in the original.
The detail
Parties: THE RENCO GROUP, INC. CLAIMANT, v. THE REPUBLIC OF PERU RESPONDENT. CLAIMANT
Case number: Case No. UNCT/13/1
Outcome: Annulment decision in case UNCT/13/1. See the original for the disposition and any quantum.
Applicable law: UNCITRAL Arbitration Rules; the applicable trade agreement; ICSID-administered.
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.