2002
Thunderbird v. Mexico International Thunderbird Gaming Corporation v. The United Mexican States
Mexico
Canada
Ownership of three gaming facilities.
Claims arising out of the closure of the investor's gaming facilities by the Mexican government agency that had jurisdiction over gaming activity.
Tertiary: R - Arts, entertainment and recreation
92 - Gambling and betting activities
UNCITRAL
ICSID (International Centre for Settlement of Investment Disputes)
van den Berg, A. J.
Wälde, T. W.
Portal Ariosa, A.
Decided in favour of State
100.00 mln USD
Data not available
Indirect expropriation

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

National treatment

Most-favoured nation treatment
None - all claims dismissed at the merits stage
Judicial review by national courts
Judicial review by national courts
Award/decision upheld