2014
IBT Group and others v. Panama IBT Group LLC., Constructor, Consulting and Engineering (Panamá), S.A., and International Business and Trade, LLC. v. Republic of Panama (ICSID Case No. ARB/14/33)
Panama
United States of America
Rights under a contract for the rehabilitation of four asphalt manufacturing plants held by claimants' subsidiary CCE.
Claims arising out of disagreements with Panama's Public Works Ministry concerning the performance of a concession to rehabilitate and operate four asphalt manufacturing enterprises held by claimants' subsidiary that led to the unilateral termination of the contract by Panama.
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)
Alexandrov, S. A.
Oreamuno Blanco, R.
Remón Peñalver, J.
50.00 mln USD
Data not available
Data not available
Not applicable - settled or discontinued before decision on liability
None