Feldman v. Mexico Marvin Roy Feldman Karpa v. United Mexican States (ICSID Case No. ARB(AF)/99/1)
United States of America
Ownership of local company engaged in the export of tobacco products from Mexico.
Claims arising out of Mexico's application of certain tax laws to the export of tobacco products which allegedly denied claimant's local company, an exporter of cigarettes from Mexico, the benefits of a law that allowed certain tax refunds to exporters.
Tertiary: G - Wholesale and retail trade; repair of motor vehicles and motorcycles
46 - Wholesale trade, except of motor vehicles and motorcycles
ICSID AF (ICSID Additional Facility)
ICSID (International Centre for Settlement of Investment Disputes)
Kerameus, K. D.
Gantz, D. A.
Covarrubias Bravo, J.
Decided in favour of investor
303.80 mln MXN (30.30 mln USD)
9.40 mln MXN (0.74 mln USD)
Indirect expropriation

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

National treatment
Indirect expropriation

National treatment