2010
AbitibiBowater v. Canada
AbitibiBowater Inc. v. Government of Canada
(ICSID Case No. UNCT/10/1)
Canada
United States of America
Ownership and/or operation of pulp and paper manufacturing enterprises in Canada; associated land rights, timber rights, real property rights (hydro assets), water use rights established through several deeds, leases, easements and other contractual agreements.
Claims arising out of a legislation passed by the Government of Newfoundland and Labrador to expropriate AbitibiBowater Inc.’s water and timber rights and hydroelectric assets in the province.
Secondary: C - Manufacturing
Tertiary: D - Electricity, gas, steam and air conditioning supply
Tertiary: D - Electricity, gas, steam and air conditioning supply
17 - Manufacture of paper and paper products
35 - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
UNCITRAL
ICSID (International Centre for Settlement of Investment Disputes)
Bucher, A.
Bishop, D.
Griffith, G.
500.00 mln CAD (467.50 mln USD)
130.00 mln CAD (123.00 mln USD)
Direct expropriation
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
Full protection and security, or similar
National treatment
Most-favoured nation treatment
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
Full protection and security, or similar
National treatment
Most-favoured nation treatment
Not applicable - settled or discontinued before decision on liability
https://icsid.worldbank.org/en/Pages/cases/casedetail.aspx?CaseNo=UNCT/10/1
http://www.state.gov/s/l/c42382.htm
http://www.international.gc.ca/trade-agreements-accords-commerciaux/topics-domaines/disp-diff/AbitibiBowater.aspx?lang=eng
http://www.theglobeandmail.com/report-on-business/ottawa-pays-abitibibowater-130-million-for-expropriation/article1378193/
http://www.bloomberg.com/news/articles/2010-08-24/canada-to-pay-abitibibowater-c-130-million-in-newfoundland-nafta-dispute
http://www.state.gov/s/l/c42382.htm
http://www.international.gc.ca/trade-agreements-accords-commerciaux/topics-domaines/disp-diff/AbitibiBowater.aspx?lang=eng
http://www.theglobeandmail.com/report-on-business/ottawa-pays-abitibibowater-130-million-for-expropriation/article1378193/
http://www.bloomberg.com/news/articles/2010-08-24/canada-to-pay-abitibibowater-c-130-million-in-newfoundland-nafta-dispute