Atlas and Knežević v. Montenegro Atlas Group and Duško Knežević v. Montenegro
Investments in two banks, Atlas Banka and Invest Banka Montenegro, and in a medical center project, Meljine, near the coastal town Herceg Novi.
Claims arising out of the decision of the Central Bank of Montenegro to place two banks in which the claimants had invested under temporary administration after having declared their bankruptcy, as well as government authorities’ alleged actions to undermine the claimants’ planned medical tourism project in Herceg Novi.
Tertiary: K - Financial and insurance activities
Tertiary: F - Construction
64 - Financial service activities, except insurance and pension funding
41 - Construction of buildings
Data not available
Data not available
500.00 mln EUR (610.30 mln USD)
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Indirect expropriation