Legacy Vulcan v. Mexico Legacy Vulcan, LLC v. United Mexican States (ICSID Case No. ARB/19/1)
United States of America
Concessions for a port terminal and authorizations for two lime extraction plants (“La Adelita” and “El Corchalito”) held by its local subsidiary, Calizas Industriales de Carmes, S.A. de C.V (“Calica”).
Claims arising out of Government agencies’ revocation of the port concession held by the claimant’s wholly-owned subsidiary, Calica, and the forced closure of Calica’s quarrying operations at the “La Adelita” and “El Corchalito” sites in the State of Quintana Roo. According to the claimant, these events were preceded Government agencies’ unilateral amendments to agreements with Calica and the imposition of allegedly illegal taxes, contested by Calica in several local court cases.
Primary: B - Mining and quarrying
8 - Other mining and quarrying
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
van den Berg, A. J.
Tawil, G. S.
Puig, S.
500.00 mln USD
Data not available
National treatment

Most-favoured nation treatment

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

Full protection and security, or similar

Indirect expropriation