Vieira v. Chile Sociedad Anónima Eduardo Vieira v. Republic of Chile (ICSID Case No. ARB/04/7)
Shareholding in local company that had a 'foreign investment contract' with the Chilean government for fishing activities, and that subsequently transferred all its contractual rights as foreign investor to the claimant.
Claims arising out of Chile's alleged imposition of fishing quota on hake catches off the coast of southern Chile despite earlier licenses that enabled the investor's company to fish in Chilean waters.
Primary: A - Agriculture, forestry and fishing
3 - Fishing and aquaculture
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
von Wobeser, C.
Czar de Zalduendo, S. B.
Reisman, W. M.
Decided in favour of State
22.00 mln USD
Data not available
Indirect expropriation

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

Full protection and security, or similar

National treatment

Most-favoured nation treatment
None - jurisdiction declined
ICSID annulment proceedings
ICSID annulment proceedings
Award/decision upheld
Söderlund, C. (President)

Bernardini, P. (Member)

Silva Romero, E. (Member)