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2014
Longyear v. Canada J.M. Longyear, LLC v. Government of Canada
Applicable IIA
Nationality of the parties
Canada
United States of America
Summary of matters at issue
Shareholding in a Canadian company, J.M. Longyear Canada, that operated an Ontario forestry land of approximately 63,000 acres.
Claims arising out of claimant's alleged ineligibility for tax reductions under an Ontario law, the Managed Forest Tax Incentive Program, on the basis that the majority of shares in Lonyear's local enterprise were not held by Canadian nationals.
Economic sector and subsector
Primary: A - Agriculture, forestry and fishing
2 - Forestry and logging
Arbitral rules and administering institution
UNCITRAL
Data not available
Composition of tribunal
Data not available
Status/Outcome of original proceedings
Settled
Decisions rendered
None
Amount of compensation
12.00 mln USD
Data not available
IIA breaches alleged/found
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

National treatment
Not applicable - settled or discontinued before decision on liability
Follow-on proceedings
None
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