2010
British Caribbean Bank v. Belize British Caribbean Bank Ltd. v. The Government of Belize (PCA Case No. 2010-18)
Belize
United Kingdom
Rights under certain loan and security agreements concluded with two Belizean companies.
Claims arising out of the Government’s compulsory acquisition of the claimant’s interest in certain loan and security agreements concluded with Belize Telemedia, a telecommunications company registered in Belize, and Sunshine Holdings Limited, a company registered in Belize that held shares in Telemedia, in the context of the Government’s compulsory acquisition of Telemedia and Sunshine themselves.
Tertiary: J - Information and communication
61 - Telecommunications
UNCITRAL
PCA (Permanent Court of Arbitration)
van den Berg, A. J.
Beechey, J.
Oreamuno Blanco, R.
Decided in favour of investor
45.20 mln USD
25.20 mln USD
Indirect expropriation

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

Full protection and security, or similar

Arbitrary, unreasonable and/or discriminatory measures
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
None