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Hochtief AG v Argentina, Award, ICSID Case No ARB/07/31, IIC 986 (2016), despatched 21st December 2016, World Bank; International Centre for Settlement of Investment Disputes [ICSID]

Hochtief AG v Argentina, Award, ICSID Case No ARB/07/31, IIC 986 (2016), despatched 21st December 2016, World Bank; International Centre for Settlement of Investment Disputes [ICSID]

1. This case concerns a dispute submitted to the International Centre for Settlement of Investment Disputes (“ICSID” or the “Centre”) on the basis of the Treaty between the Federal Republic of Germany and the Republic of Argentina for the Promotion and Reciprocal Protection of Investments dated 9 April 1991 which entered into force on 8 November 1993. The dispute concerns a concession for the construction of a toll highway and a bridge between the cities of Rosario and Victoria, and Argentina’s alleged breaches of Claimant’s rights under the BIT. 2. Claimant is...
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