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2010
von Pezold and others v. Zimbabwe Bernhard von Pezold and others v. Republic of Zimbabwe (ICSID Case No. ARB/10/15)
Nationality of the parties
Zimbabwe
Germany

Switzerland
Summary of matters at issue
Ownership of forestry and agricultural businesses in Zimbabwe engaged in the production of tobacco, timber, tea, coffee and macadamia nuts.
Claims arising out of the Government's expropriation without compensation of three estates owned by the claimants, including forestry and agricultural businesses, in the context of Zimbabwe's 2000 land reform programme.
Economic sector and subsector
Primary: A - Agriculture, forestry and fishing
1 - Crop and animal production, hunting and related service activities
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Fortier, L. Y.
Williams, D. A. R.
Hwang, M.
Chen, A. (replaced)
Mutharika, A. P. (replaced)
Status/Outcome of original proceedings
Decided in favour of investor
Decisions rendered
Amount of compensation
Data not available
64.90 mln USD
IIA breaches alleged/found
Direct expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Arbitrary, unreasonable and/or discriminatory measures

Transfer of funds
Direct expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Transfer of funds

Arbitrary, unreasonable and/or discriminatory measures
Follow-on proceedings
ICSID annulment proceedings
ICSID annulment proceedings
Pending
None
Heiskanen, V. (President)

Kalicki, J. E. (Member)

Kettani, A. (Member)
Link to Italaw's case page