MHS v. Malaysia Malaysian Historical Salvors, SDN, BHD v. Malaysia (ICSID Case No. ARB/05/10)
United Kingdom
Rights under a contract entered into with Malaysia for the location and salvage of a British vessel's cargo sank in 1817, and a subsequent contract concerning the auction of potentially recovered items.
Claims arising out of the alleged non-payment of amounts owed to the claimant from the sale of items recovered from the cargo of a British ship that sank in Malaysian waters pursuant to a salvage contract concluded between the investor and the respondent.
Tertiary: H - Transportation and storage
52 - Warehousing and support activities for transportation
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Hwang, M.
Decided in favour of State
3.00 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

None - jurisdiction declined
ICSID annulment proceedings
ICSID annulment proceedings
Award/decision annulled in its entirety
Schwebel, S. M. (President)

Shahabuddeen, M. (Member)

Tomka, P. (Member)