2016
Eyre and Montrose Developments v. Sri Lanka Raymond Charles Eyre and Montrose Developments (Private) Limited v. Democratic Socialist Republic of Sri Lanka (ICSID Case No. ARB/16/25)
Sri Lanka
United Kingdom
Ownership of land plot on the banks of Lake Diyawanna for a hotel development project.
Claims arising out of the allegedly insufficient compensation paid by the Government to the claimants for the expropriation of a land plot to be used for a hotel development project.
Tertiary: L - Real estate activities
68 - Real estate activities
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Reed, L.
Lew, J. D. M.
Stern, B.
Decided in favour of State
2749.70 mln LKR (20.70 mln USD)
Data not available
Data not available
None - jurisdiction declined
ICSID annulment proceedings
ICSID annulment proceedings
Unknown
Decision on Annulment dated 2 December 2020
Zuleta, E. (President)

Piracha, N. (Member)

Sacerdoti, G. (Member)