2007
Société Générale v. Dominican Republic Société Générale in respect of DR Energy Holdings Limited and Empresa Distribuidora de Electricidad del Este, S.A. v. The Dominican Republic (LCIA Case No. UN 7927)
Dominican Republic
France
Indirect ownership of a Cayman Islands-incorporated company which in turned owned 50 per cent of a Dominican joint venture created between the Government and a foreign investor to serve as an electricity distribution company.
Claims arising out of the Government's alleged wrongful interference with the claimant's indirect holdings in an electricity joint venture (Empresa Distribuidora de Electricidad del Este, S.A.) by, among other alleged actions and omissions, failing to pay compensation for negotiated tariffs and subsidies.
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
UNCITRAL
LCIA (London Court of International Arbitration)
Orrego Vicuña, F.
Bishop, D.
Cremades, B. M.
680.00 mln USD
26.50 mln USD
Indirect expropriation

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

Full protection and security, or similar

Most-favoured nation treatment
Not applicable - settled or discontinued before decision on liability
None