2008
Intersema Bau v. Libya Intersema Bau AG v. Libya
Libya
Switzerland
Several construction contracts with a Libyan municipal authority.
Claims arising out of the Government’s alleged failure to uphold the terms of a 2005 settlement agreement between the claimant and the Government related to construction contracts for road, water, sewage and lighting infrastructure, including the non-payment of CHF 13 million of the 31 million settlement sum.
Tertiary: F - Construction
42 - Civil engineering
UNCITRAL
Data not available
Bernardini, P.
Heiskanen, V.
Poncet, I.
Decided in favour of investor
Award dated January 2010
140.00 mln CHF (135.40 mln USD)
13.00 mln CHF (12.60 mln USD)
Umbrella clause

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

Umbrella clause
None