2020
BRIF v. Serbia BRIF TRES d.o.o. Beograd and BRIF-TC d.o.o. Beograd v. Republic of Serbia (ICSID Case No. ARB/20/12)
Serbia
Luxembourg
Investments in a project to construct a shopping mall in Belgrade on land held under a long-term lease agreement signed with the Government of Serbia.
Claims arising out of Serbian authorities’ acts and omissions related to a dispute with a third party over the ownership of land leased to the claimants in 2004 following a tender process. According to the claimants, this stalled their project to construct a shopping center in Belgrade.
Tertiary: F - Construction
41 - Construction of buildings
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Derains, Y.
Haridi, S. A.
Stern, B.
Decided in favour of State
Award dated 30 January 2023
Dissenting Opinion by Samaa Haridi
300.00 mln USD
Data not available
Data not available
None - jurisdiction declined
ICSID annulment proceedings
ICSID annulment proceedings
Discontinued
Order taking note of the discontinuance of the proceeding pursuant to ICSID Administrative and Financial Regulation 16(2)(c) dated 22 December 2023
Pinto, M. (President)

Ohara, Y. (Member)

Ragnwaldh, J. (Member)