TCW v. Dominican Republic TCW Group, Inc. and Dominican Energy Holdings, L.P. v. The Dominican Republic
Dominican Republic
United States of America
Controlling shareholding and 50% owner 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 TCW Group'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
PCA (Permanent Court of Arbitration)
Böckstiegel, K.-H.
Kantor, M.
Fernández-Armesto, J.
500.00 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

National treatment

Most-favoured nation treatment
Not applicable - settled or discontinued before decision on liability