Comervi v. Morocco Comercializadora Mediterránea de Viviendas S.L. v. Kingdom of Morocco (ICSID Case No. ARB/22/17)
Investments in urban development projects, including the construction of residential buildings at the outskirts of Rabat and Tangier.
Claims arising out the Government’s alleged failure to provide the necessary facilities and infrastructure in the areas of the claimant’s residential construction projects near Rabat, as well as Government authorities’ administrative inaction related to a real estate project in Tangier.
Tertiary: F - Construction
Tertiary: L - Real estate activities
41 - Construction of buildings
68 - Real estate activities
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Riofrio Piché, M.
Pierola Castro, N. F.
Tanzi, A. M.
Data not available
407.00 mln EUR (429.60 mln USD)
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Arbitrary, unreasonable and/or discriminatory measures

Full protection and security, or similar

Umbrella clause

Indirect expropriation