Tradex Hellas SA v Albania, Award, ICSID Case No ARB/94/2; IIC 263 (1999), despatched 29 April 1999 (free) Content set: Awards & Decisions Keyword(s): Evidence – Burden of proof – Applicable law – Host state law – Investment – Investment ‘in accordance with host state law’ – Investment defined in legislation, regulations – Jurisdiction of arbitral tribunals – Subject matter of the dispute (and jurisdiction) – Expropriation – Indirect expropriation – Remedies and costs – Costs and expenses Core issue(s): Whether certain decrees issued by the Albanian Government regarding the privatization of state-owned farm land and/or the
acts of local villagers taking control of state-owned farm land constituted an expropriation of Tradex's investment in state-owned
land in Albania.
3.
Tradex Hellas SA v Albania, Decision on Jurisdiction, ICSID Case No ARB/94/2; IIC 262 (1996), signed 24 December 1996 (free) Content set: Awards & Decisions Keyword(s): Applicable law – Host state law – Relationship of international law & host state law – Investment – Investment ‘in accordance with host state law’ – Investor – Nationality of investor, corporations – Jurisdiction of arbitral tribunals – Consent to jurisdiction through legislation – Relevant date (and jurisdiction) Core issue(s): Whether the 1993 Albanian domestic law on foreign investment provided consent to the International Centre for Settlement of
Investment Disputes jurisdiction for a dispute which arose prior to the effective date of the 1993 law.
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