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2018
PACC v. Mexico PACC Offshore Services Holdings Ltd. v. United Mexican States
Nationality of the parties
Mexico
Singapore
Summary of matters at issue
Investments in a vessel charter business in Mexico.
Claims arising out of certain actions by Mexican authorities that prevented the claimant and its subsidiaries from continuing to charter vessels to Pemex, Mexico’s national oil and gas company, thereby allegedly destroying the claimant’s investment.
Economic sector and subsector
Tertiary: N - Administrative and support service activities
77 - Rental and leasing activities
Arbitral rules and administering institution
Data not available
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Data not available
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
Data not available
Data not available
IIA breaches alleged/found
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Most-favoured nation treatment

Indirect expropriation
Pending
Follow-on proceedings
None
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