2012
Bidzina Ivanishvili v. Georgia Bidzina Ivanishvili v. Georgia (ICSID Case No. ARB/12/27)
Georgia
France
Shareholding in two Georgian commercial banks: JSC Cartu Bank and JSC Progress Bank.
Claims arising out of legislative amendments passed by the Government that allegedly gave tax authorities priority over the secured claims of financial institutions, among other measures, which the claimant considered to be designed specifically to target the two commercial banks in which it had invested.
Tertiary: K - Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Tribunal not constituted
186.00 mln USD
Data not available
Indirect expropriation

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

Full protection and security, or similar

National treatment

Most-favoured nation treatment
Not applicable - settled or discontinued before decision on liability
None