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Indorama v. Egypt Indorama International Finance Limited v. Arab Republic of Egypt (ICSID Case No. ARB/11/32)
Nationality of the parties
United Kingdom
Summary of matters at issue
Shareholding in an Egyptian textile production company.
Claims arising out of the Government's renationalisation of Indorama's Shebin al-Kom textile factory, in the Menoufia province.
Economic sector and subsector
Secondary: C - Manufacturing
13 - Manufacture of textiles
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
McRae, D. M.
Schreuer, C. H.
Douglas, Z.
Status/Outcome of original proceedings
Decisions rendered
Procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1) dated 2 July 2015
Amount of compensation
156.00 mln USD
54.00 mln USD
IIA breaches alleged/found
Direct expropriation
Not applicable - settled or discontinued before decision on liability
Follow-on proceedings
Link to Italaw's case page