2007
SGS v. Paraguay SGS Société Générale de Surveillance S.A. v. Republic of Paraguay (ICSID Case No. ARB/07/29)
Paraguay
Switzerland
Rights under a pre-shipment inspection contract concluded between SGS and Paraguay's Ministry of Finance.
Claims arising out of Paraguay's alleged non-payment of invoices to the investor under a pre-shipment inspection contract, followed by the termination of the contract by Paraguay's Ministry of Finance.
Tertiary: M - Professional, scientific and technical activities
74 - Other professional, scientific and technical activities
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Alexandrov, S. A.
Donovan, D.
García Mexía, P.
Decided in favour of investor
61.50 mln USD
39.00 mln USD
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Umbrella clause

Arbitrary, unreasonable and/or discriminatory measures
Umbrella clause
ICSID annulment proceedings
ICSID annulment proceedings
Award/decision upheld
Oreamuno Blanco, R. (President)

Yusuf, A. A. (Member)

Zuleta, E. (Member)