Pildegovics and North Star v. Norway Peteris Pildegovics and SIA North Star v. Kingdom of Norway (ICSID Case No. ARB/20/11)
Investments in a snow crab harvesting enterprise, shares in local company Sea & Coast AS, and supply agreements with Seagourmet Norway AS.
Claims arising out of Government authorities’ interference with the claimants’ snow crab harvesting business, allegedly forcing them to cease their operations in the so-called Barents Sea Loophole and the maritime zones of the Svalbard archipelago, including through the arrest of the one of the claimants’ ships, criminal proceedings, fines and penalties.
Primary: A - Agriculture, forestry and fishing
3 - Fishing and aquaculture
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Greenwood, C.
Fortier, L. Y.
McRae, D. M.
Decided in favour of State
448.70 mln EUR (533.90 mln USD)
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Most-favoured nation treatment

Indirect expropriation
None - all claims dismissed at the merits stage
ICSID annulment proceedings
ICSID annulment proceedings