Back

Substantive Issue

Year the case was initiated1994
Year the award was rendered1999
Country involvedAlbania
Home country of the investorGreece
Parties to the disputeTradex Hellas SA v. Republic of Albania (ICSID Case No. ARB/94/2)
Sector1
Type of investmentagricultural enterprise
Nature of dispute / claim
Legal instrumentAlbania-Greece BIT (Albania Investment Laws)
Rules / VenuesICSID
Amount sought by investorUS$ 3,107,074 including interest and costs
Amount awarded / status of dispute
ArbitratorsKarl-Heinz Böckstiegel (Chair); Fred Fielding; Andrea Giardina
Decisions renderedDecision on Jurisdiction issued on 24 December 1996;
Award issued on 29 April 1999
Statusawarded in favor of the state
Linkshttp://www.worldbank.org/icsid/cases/tradex_decision.pdf
http://www.worldbank.org/icsid/cases/tradex_award.pdf
Commentary (if any)
Special features