Carrizosa v. Colombia (II) Astrida Benita Carrizosa v. Republic of Colombia (II) (ICSID Case No. ARB/18/5)
United States of America
Shareholding in Banco Granahorrar, a Colombian bank.
Claims arising out of the Government’s allegedly disproportionate and discriminatory measures against Banco Granahorrar, including placing the bank under new management and its ultimate nationalization in 1998, as well as the Colombian Constitutional Court’s 2014 decision that no compensation was due to the claimant.
Tertiary: K - Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Kaufmann-Kohler, G.
Fernández Arroyo, D. P.
Söderlund, C.
Decided in favour of State
40.00 mln USD
Data not available
Direct expropriation
None - jurisdiction declined