Sanum Investments v. Laos (I) Sanum Investments v. Lao People’s Democratic Republic (I) (PCA Case No. 2013-13)
Lao People's Democratic Republic
Macao, China SAR
Contributions made in the form of loans extended to local companies; majority shareholding in two hotels and casinos: Savan Vegas and Paksong Vehas; ownership stakes in certain slot clubs; business know-how.
Claims arising out of an alleged series of measures by the Government of Laos, including its courts and provincial authorities, that affected claimant's bundle of rights for the construction and operation of two hotels and casinos, among other gaming facilities in which the claimant had invested.
Tertiary: I - Accommodation and food service activities
Tertiary: R - Arts, entertainment and recreation
55 - Accommodation
92 - Gambling and betting activities
PCA (Permanent Court of Arbitration)
Rigo Sureda, A.
Hanotiau, B.
Stern, B.
Decided in favour of State
1000.00 mln USD
Data not available
Indirect expropriation

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

Most-favoured nation treatment
None - all claims dismissed at the merits stage
Judicial review by national courts
Judicial review by national courts
Judicial review by national courts
Award/decision set aside in its entirety
Judicial review by national courts
Award/decision upheld