Optima v. United States (II) Optima Ventures LLC and Optima 55 Public Square LLC v. United States of America (II) (ICSID Case No. ARB/21/12)
United States of America
Ownership of a commercial real estate property known as 55 Public Square in Cleveland, Ohio.
Claims arising out of civil forfeiture proceedings commenced by the U.S. Department of Justice against the claimants’ commercial real estate in Cleveland, in connection with the alleged violation of U.S. money laundering laws.
Tertiary: L - Real estate activities
68 - Real estate activities
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Tribunal not constituted
Order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1) dated 16 June 2021
Data not available
Data not available
Direct expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims


Indirect expropriation
Not applicable - settled or discontinued before decision on liability