2012
Fabrica de Vidrios v. Venezuela Fábrica de Vidrios Los Andes, C.A. and Owens-Illinois de Venezuela, C.A. v. Bolivarian Republic of Venezuela (ICSID Case No. ARB/12/21)
Venezuela, Bolivarian Republic of
Netherlands
Interests in two glass manufacturing companies in Venezuela.
Claims arising out of the alleged expropriation of two glass manufacturing companies in which the claimants had invested.
Secondary: C - Manufacturing
23 - Manufacture of other non-metallic mineral products
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Shin, H.-T.
Fortier, L. Y.
Mourre, A. (replaced)
Douglas, Z.
Decided in favour of State
1033.10 mln USD
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Direct expropriation

Umbrella clause
None - jurisdiction declined
ICSID annulment proceedings
ICSID annulment proceedings
Award/decision upheld
Rigo Sureda, A. (President)

Fernández Arroyo, D. P. (Member)

Hanefeld, I. (Member)