2013
Transglobal v. Panama Transglobal Green Energy, LLC and Transglobal Green Panama, S.A. v. Republic of Panama (ICSID Case No. ARB/13/28)
Panama
United States of America
Indirect ownership interest (70 per cent) and control over a 50-year concession to operate the Bajo de Mina hydroelectric power plant.
Claims arising out of the Government's cancellation of a hydro-electric power plant concession and its alleged subsequent failure to abide by Panama Supreme Court's decision that reinstated the investor in its rights to the concession.
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Rigo Sureda, A.
Schreuer, C. H.
Paulsson, J.
Decided in favour of State
Data not available
Data not available
Indirect expropriation

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

Full protection and security, or similar

Most-favoured nation treatment

Arbitrary, unreasonable and/or discriminatory measures
None - jurisdiction declined
None