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Procedural Issue Substantive Issue

Year the case was initiated2002
Year the award was rendered2006
Country involvedEgypt
Home country of the investorUnited States
Parties to the disputeChampion Trading Company and others v. Arab Republic of Egypt (Case No. ARB/02/9)
Sector2
Type of investmentcotton processing and trading enterprise
Nature of dispute / claimclaims arising out of Egypt's series of measures which harmed the investment in Egypt
Legal instrumentUS-Egypt BIT
Rules / VenuesICSID
Amount sought by investorUS$ 365 million plus interest and costs
Amount awarded / status of disputeTribunal lacks jurisdiction over the individual claimants;
Tribunal has jurisdiction over the claims of the corporate claimants;
Tribunal rejects all remaining claims on the merits"
ArbitratorsRobert Briner (Chair); Yves Fortier; Laurent Aynès
Decisions renderedDecision on Jurisdiction issued on 21 October 2003;
Award issued on 27 October 2006
Statusawarded in favor of the state
Linkshttp://www.worldbank.org/icsid/cases/champion-decision.pdf
Commentary (if any)
Special features