ST-AD v. Bulgaria ST-AD GmbH v. The Republic of Bulgaria (PCA Case No. 2011-06)
Shareholding in the previously State-owned company LIDI-R that held property title over the land at issue.
Claims arising out of the alleged Government's unlawful restitution to a family of certain property, including a factory and commercial buildings located on it, on a tract of land in Sofia, Bulgaria.
Tertiary: L - Real estate activities
68 - Real estate activities
PCA (Permanent Court of Arbitration)
Stern, B.
Klein, B.
Thomas, J. C.
Decided in favour of State
Data not available
Data not available
Indirect expropriation
None - jurisdiction declined
Judicial review by national courts
Judicial review by national courts
Award/decision upheld