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Procedural Issue Substantive Issue

Year the case was initiated2001
Year the award was rendered2003
Country involvedLatvia
Home country of the investorSweden
Parties to the disputeNykomb Synergetics v. Latvia
Sector
Type of investment
Nature of dispute / claim
Legal instrumentEnergy Charter Treaty
Rules / VenuesSCC
Amount sought by investorapprox US$ 12.8 million
Amount awarded / status of disputeLats 1,600,000 (equivalent to approx US$ 3 million) plus interest
ArbitratorsBjørn Haug (chair); Rolf A. Schütze; Johan Gernandt
Decisions renderedAward issued on 16 December 2003
Statusawarded in favor of the investor
Linkshttp://ita.law.uvic.ca/documents/Nykomb-Finalaward.doc
Commentary (if any)
Special features