Metalpar v. Argentina Metalpar S.A. and Buen Aire S.A. v. Argentine Republic (ICSID Case No. ARB/03/5)
Ownership of local subsidiary company holding rights and credits from loan agreements entered into with its customers.
Claims arising out of alleged adverse effects that a series of economic measures adopted by Argentine authorities in late 2001 and early 2002 had on the investments made by the claimants in a company manufacturing bus‑bodies for public transportation vehicles in Argentina.
Secondary: C - Manufacturing
29 - Manufacture of motor vehicles, trailers and semi-trailers
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Oreamuno Blanco, R.
Cameron, D. H.
Chabaneix, J. P.
Decided in favour of State
18.00 mln USD
Data not available
Indirect expropriation

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

Transfer of funds

Arbitrary, unreasonable and/or discriminatory measures
None - all claims dismissed at the merits stage