Ruby v. Canada Ruby River Capital LLC v. Canada (ICSID Case No. ARB/23/5)
United States of America
Indirect ownership of GNL Québec Inc. and Gazoduq Inc., the developers of two proposed energy infrastructure projects in Quebec, through a majority and controlling interest in Symbio Infrastructure Partnership Limited (“Symbio”).
Claims arising out of the government’s 2022 decision to refuse authorization for the construction of the Énergie Saguenay Project, a liquefied natural gas facility project that the claimant had invested in through Symbio. The government’s decision also allegedly stalled the claimant’s parallel natural gas pipeline project in Quebec (the Gazoduq Project). According to the claimant, the government’s rejection of the projects, after a federal agency’s environmental assessment report, and related actions by the province of Quebec were arbitrary and discriminatory.
Secondary: C - Manufacturing
19 - Manufacture of coke and refined petroleum products
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Malinvaud, C.
Legum, B.
Douglas, Z.
Data not available
20000.00 mln USD
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Indirect expropriation

Most-favoured nation treatment

National treatment