Santamarta v. Venezuela Raimundo J. Santamarta Devis v. Bolivarian Republic of Venezuela (PCA Case No. 2020-56)
Venezuela, Bolivarian Republic of
Investments in SM Pharma, a pharmaceutical company.
Claims arising out of Government’s alleged seizure of SM Pharma’s manufacturing facilities in Maracaibo.
Secondary: C - Manufacturing
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
PCA (Permanent Court of Arbitration)
von Wobeser, C.
Siqueiros, E.
Kohen, M. G.
Decided in favour of State
200.00 mln USD
Data not available
Direct expropriation
None - jurisdiction declined