Procedural Issue Substantive Issue
| Year the case was initiated | 2002 |
| Year the award was rendered | 2007 |
| Country involved | Argentina |
| Home country of the investor | United States |
| Parties to the dispute | LG&E Energy Corp., LG&E Capital Corp. and LG&E International Inc. v. Argentine Republic (ICSID Case No. ARB/02/1) |
| Sector | 1 |
| Type of investment | gas distribution enterprise |
| Nature of dispute / claim | claims arising out of Argentina's unilateral decision to freeze certain automatic semi-annual adjustments, based on changes in the US Producer Price Index, to the tariffs for distribution of natural gas in Argentina |
| Legal instrument | Argentina-United States BIT |
| Rules / Venues | ICSID |
| Amount sought by investor | approx US$ 248 million plus interest |
| Amount awarded / status of dispute | Tribunal partially granted investor's claims;
US$ 57,400,000 plus interest |
| Arbitrators | Tatiana B. de Maekelt (Chair); Francisco Rezek; Albert Jan van den Berg |
| Decisions rendered | Decision on Jurisdiction issued on 30 April 2004;
Decision on Liability issued on 3 October 2006; Damages Award issued on 25 July 2007; Decision on Claimants' Request for Supplementary Decision issued on 8 July 2008 |
| Status | awarded in favor of the state |
| Links | http://www.worldbank.org/icsid/cases/lge-decision-en.pdf; http://www.investmentclaims.com/decisions/LG&E-Argentina-Damages_Award.pdf |
| Commentary (if any) | |
| Special features |