2011
Baggerwerken v. Philippines Baggerwerken Decloedt En Zoon NV v. Republic of the Philippines (ICSID Case No. ARB/11/27)
Philippines
Belgium
Rights under a dredging contract concluded with the Philippines' Department of Environment and Natural Resources.
Claims arising out of the Government's unilateral termination of a contract entered into by the previous administration with the claimant for the rehabilitation of Laguna Lake to reduce flooding caused by heavy siltation and to improve the ecological condition of the area.
Tertiary: E - Water supply; sewerage, waste management and remediation activities
Tertiary: E - Water supply; sewerage, waste management and remediation activities
36 - Water collection, treatment and supply
39 - Remediation activities and other waste management services
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Tercier, P.
Alexandrov, S. A.
Thomas, J. C.
Decided in favour of investor
Award dated 23 January 2017
Concurring Opinion by Pierre Tercier
Separate Opinion by Stanimir A. Alexandrov
65.00 mln EUR (91.00 mln USD)
16.00 mln USD
Data not available
Data not available
None