H&H v. Egypt H&H Enterprises Investments, Inc. v. Arab Republic of Egypt (ICSID Case No. ARB/09/15)
United States of America
Rights under a hotel management and operation contract concluded between the claimant and Grand Hotels of Egypt (GHE), a company owned by the Egyptian Government; option to buy in the form of a one-page letter addressed to the then chairman of GHE.
Claims arising out of disagreements between the parties concerning a contract to manage and operate a resort in El Ain El Sokhna including the denial of claimant's alleged right to purchase the resort under an option to buy agreement leading to litigation before domestic courts and the Government's subsequent eviction of H&H from the resort.
Tertiary: I - Accommodation and food service activities
55 - Accommodation
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Cremades, B. M.
Heiskanen, V.
Gharavi, H. G.
Decided in favour of State
833.00 mln USD
Data not available
Indirect expropriation

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

Full protection and security, or similar

Umbrella clause
None - all claims dismissed at the merits stage
ICSID annulment proceedings
ICSID annulment proceedings
Alexandrov, S. A. (President)

Abraham, C. W. M. (Member)

Cheng, T. (Member)