Hernández Contreras v. Costa Rica (I) José Alejandro Hernández Contreras v. Republic of Costa Rica (I) (ICSID Case No. ARB(AF)/20/2)
Costa Rica
Venezuela, Bolivarian Republic of
Majority shareholding in V-NET, a company holding a public contract for the distribution of telecommunication products.
Claims arising out of the non-renewal by Costa Rica’s electricity regulator, Instituto Costarricense de Electricidad (ICE), of a contract with the claimant’s local telecommunications company, V-NET, for the distribution of mobile phone products. According to the claimant, the contract was arbitrarily transferred to a competitor of V-NET.
Tertiary: J - Information and communication
61 - Telecommunications
ICSID AF (ICSID Additional Facility)
ICSID (International Centre for Settlement of Investment Disputes)
Concepcíon, C. F.
Perezcano Diaz, H.
Bulnes Serrano, F.
Order taking note of the discontinuance of the proceeding pursuant to Article 50 of the ICSID Arbitration (Additional Facility) Rules dated 2 March 2022
25.00 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
Not applicable - settled or discontinued before decision on liability