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2013
Alghanim v. Jordan Fouad Alghanim & Sons Co. for General Trading & Contracting, W.L.L. and Mr. Fouad Mohammed Thunyan Alghanim v. Hashemite Kingdom of Jordan (ICSID Case No. ARB/13/38)
Nationality of the parties
Jordan
Kuwait
Summary of matters at issue
Majority shareholding (96 per cent stake) in Umniah, a Jordanian telecommunications provider company that held a GSM operating license.
Claims arising out of alleged Government measures following Alghanim's sale of its stake in Umniah, a Jordanian telecommunications company, to the Bahrani company Batelco; possibly including a tax assessment levied upon the investor by Jordanian authorities.
Economic sector and subsector
Tertiary: J - Information and communication
61 - Telecommunications
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
McLachlan, C. A.
Fortier, L. Y.
Kohen, M. G.
Status/Outcome of original proceedings
Decided in favour of State
Amount of compensation
81.00 mln USD
Data not available
IIA breaches alleged/found
Arbitrary, unreasonable and/or discriminatory measures

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

Full protection and security, or similar
None - all claims dismissed at the merits stage
Follow-on proceedings
ICSID annulment proceedings
ICSID annulment proceedings
Pending
None
Greenwood, C. (President)

Carmichael, T. A. (Member)

Nolan, M. D. (Member)
Link to Italaw's case page