Foresti v. South Africa Piero Foresti, Laura de Carli and others v. Republic of South Africa (ICSID Case No. ARB(AF)/07/1)
South Africa

Common law mineral rights leased or owned by certain operating companies in which the claimants had interests.
Claims arising out of the alleged extinction of certain old order mineral rights held by the claimants by the entry into force of the Mineral and Petroleum Resources Development Act, and the introduction of compulsory equity divestiture requirements with respect to the investors' shares in certain operating companies.
Primary: B - Mining and quarrying
8 - Other mining and quarrying
ICSID AF (ICSID Additional Facility)
ICSID (International Centre for Settlement of Investment Disputes)
Lowe, V.
Brower, C. N.
Matthews, J. M.
375.00 mln USD
Data not available
Direct expropriation

Indirect expropriation

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

National treatment

Not applicable - settled or discontinued before decision on liability