2014
Ballantine v. Dominican Republic Michael Ballantine and Lisa Ballantine v. The Dominican Republic (PCA Case No. 2016-17)
Dominican Republic
United States of America
Ownership of Jamaca de Dios SRL and Aroma de la Montaña, E.I.R.L that were used to make investments in real estate and infrastructure to create a gated complex of luxury homes, restaurants, a hotel and a spa.
Claims arising out of the rejection by the Ministry of Environment and Natural Resources of the claimants’ request to expand Jamaca de Dios, a residential and tourism project in the municipality of Jarabacoa, as well as other actions by the central and local government.
Tertiary: L - Real estate activities
68 - Real estate activities
UNCITRAL
PCA (Permanent Court of Arbitration)
Ramírez Hernández, R.
Cheek, M. L.
Vinuesa, R. E.
Decided in favour of State
20.00 mln USD
Data not available
National treatment

Most-favoured nation treatment

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

Indirect expropriation

Full protection and security, or similar

Other
None - jurisdiction declined
Judicial review by national courts
Judicial review by national courts
Pending
None