Abertis v. Bolivia Abertis Infraestructuras S.A. v. Government of Bolivia (PCA Case No. 2011-14)
Bolivia, Plurinational State of
Controlling interest in three Bolivian airports (Santa Cruz, La Paz and Cochabamba) through a concession company in which claimant held a 90 per cent shareholding; related capital contributions.
Claims arising out of allegations that Bolivia breached the regime applicable to tariffs for boarding and landing services under certain airport concession agreement since it froze these tariffs in 2003 and later reduced them in 2005. The Government later nationalized SABSA, claimant's airport subsidiary in Bolivia after the arbitration was initiated and disagreements between the parties on appropriate compensation arose.
Tertiary: H - Transportation and storage
51 - Air transport
PCA (Permanent Court of Arbitration)
Mourre, A. (replaced)
Grigera Naón, H. A.
Verhoosel, G. (replaced)
Oreamuno Blanco, R.
Perezcano Diaz, H.
Data not available
85.50 mln USD
23.00 mln USD
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
Not applicable - settled or discontinued before decision on liability