Funnekotter v. Zimbabwe Bernardus Henricus Funnekotter and others v. Republic of Zimbabwe (ICSID Case No. ARB/05/6)
Direct and indirect ownership of large commercial farms in Zimbabwe.
Claims arising out of the enactment of a Land Acquisition Act and other measures authorizing the Government to acquire compulsorily any rural land when the acquisition was deemed necessary for agricultural settlement purposes under which the claimants' properties were allegedly expropriated without compensation, including the presence of war veterans and settlers that forced the claimants to vacate their farms.
Primary: A - Agriculture, forestry and fishing
1 - Crop and animal production, hunting and related service activities
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Guillaume, G.
Cass, R. A.
Wasi Zafar, M.
Decided in favour of investor
12.40 mln EUR (15.60 mln USD)
8.20 mln EUR (10.60 mln USD)
Direct expropriation

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

Full protection and security, or similar

Umbrella clause

Arbitrary, unreasonable and/or discriminatory measures
Direct expropriation