Omega Engineering and Rivera v. Panama Omega Engineering LLC and Oscar Rivera v. Republic of Panama (ICSID Case No. ARB/16/42)
United States of America
Contracts for the construction of three medical hospitals, a higher education centre, a municipal hall, a court house and certain other facilities.
Claims arising out of allegedly unfair treatment by the new Government, including non-payment for the construction of public buildings as well as criminal proceedings against the claimants relating to anti-corruption investigations.
Tertiary: F - Construction
41 - Construction of buildings
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Grigera Naón, H. A.
Shore, L.
Douglas, Z.
Decided in favour of State
Award dated 14 October 2022
100.00 mln USD
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Indirect expropriation
None - all claims dismissed at the merits stage