Ponderosa Assets LP, Memorandum of Determinations, OPIC; IIC 191 (2005), signed 08 February 2005 (free) Content set: Awards & Decisions Keyword(s): Attribution – Actions of political subdivisions and attribution – Claims – Contract claims – Investor – Nationality of investor, corporations – Expropriation – Compensation for lawful nationalisation – Expropriation of contract rights – Public purpose (expropriation and) – Remedies and costs – Compensation Core issue(s): 1. Whether Ponderosa Assets, LP was deprived of its investment. 2. Whether there were sufficient grounds for Ponderosa Assets, LP to be entitled to damages in accordance with the terms of OPIC
Political Risk Insurance Contract No D733 (the ‘Contract”).
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