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

Switzerland
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.
Primary: A - Agriculture, forestry and fishing
1 - Crop and animal production, hunting and related service activities
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Fortier, L. Y.
Williams, D. A. R.
Hwang, M.
Chen, A. (replaced)
Mutharika, A. P. (replaced)
Decided in favour of investor
Data not available
64.90 mln USD
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
ICSID annulment proceedings
ICSID annulment proceedings
Award/decision upheld
Heiskanen, V. (President)

Kalicki, J. E. (Member)

Kettani, A. (Member)