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2018
Manolium Processing v. Belarus OOO Manolium Processing v. The Republic of Belarus (PCA Case No. 2018-06)
Nationality of the parties
Belarus
Russian Federation
Summary of matters at issue
Contract concluded with the Government for the construction of buildings in Minsk and its outskirts.
Claims arising out of the Government’s termination of a 2003 investment agreement to develop land in Minsk for the construction of a luxury hotel, upon vacating the area from a trolley bus parking facility and rebuilding it on the city outskirts. Challenged measures also include the alleged confiscation of the relocated facility by the Government in order to cover a USD 20 million tax debt imposed on the claimant.
Economic sector and subsector
Tertiary: F - Construction
41 - Construction of buildings
Arbitral rules and administering institution
UNCITRAL
PCA (Permanent Court of Arbitration)
Composition of tribunal
Fernández-Armesto, J.
Alexandrov, S. A.
Stern, B.
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
Data not available
Data not available
IIA breaches alleged/found
Data not available
Pending
Follow-on proceedings
None
Link to Italaw's case page