Bureau Veritas v. Paraguay Bureau Veritas, Inspection, Valuation, Assesment and Control, BIVAC B.V. v. Republic of Paraguay (ICSID Case No. ARB/07/9)
Rights under a pre-shipment inspection contract concluded between BIVAC and Paraguay's Ministry of Finance.
Claims arising out of Paraguay's alleged non-payment of invoices to the investor under a contract in which Bureau Veritas was to provide pre-shipment inspection support to the Paraguayan Customs Agency, to assist the collection of import duties.
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)
Knieper, R.
Fortier, L. Y.
Sands, P.
Order taking note of the discontinuance issued by the Tribunal dated 7 August 2014, pursuant to Arbitration Rule 43(1)
36.10 mln USD
21.00 mln USD
Indirect expropriation

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

Umbrella clause

Arbitrary, unreasonable and/or discriminatory measures
Not applicable - settled or discontinued before decision on liability