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Procedural Issue Substantive Issue

Year the case was initiated1997
Year the award was rendered2000
Country involvedSpain
Home country of the investorArgentina
Parties to the disputeEmilio Agustin Maffezini v. The Kingdom of Spain (ICSID Case No. ARB/97/7)
Sector2
Type of investmentchemical products enterprise
Nature of dispute / claimclaims arising from treatment allegedly received by the investor from Spanish entities, in connection with his investment in an enterprise for the production and distribution of chemical products in the Spanish region of Galicia
Legal instrumentArgentina-Spain BIT
Rules / VenuesICSID
Amount sought by investorSpanish Pesetas 30 million (equivalent to US$ 135,000) plus interest
Amount awarded / status of disputeSpanish Pesetas 30 million awarded plus interest - for a total of 57,641,265.28 Spanish Pesetas (equivalent to US$ 296,597 at time of award in 2000)
ArbitratorsFrancisco Orrego Vicuña (Chair); Thomas Buergenthal; Maurice Wolf
Decisions renderedProcedural Order on Provisional Measures issued on 28 October 1999;
Decision on Jurisdiction issued on 25 January 2000;
Award issued on 13 November 2000;
Rectification of the Award issued on 31 January 2001
Statusawarded in favor of the investor
Linkshttp://www.worldbank.org/icsid/cases/emilio_DecisiononRequestforProvisionalMeasures.pdf
http://www.worldbank.org/icsid/cases/emilio_DecisiononJurisdiction.pdf
http://www.worldbank.org/icsid/cases/emilio_AwardoftheTribunal.pdf
http://www.worldbank.org/icsid/cases/emilio_RectificationoftheAward.pdf
Commentary (if any)
Special features