Fedax N.V. v. The Republic of Venezuela, ICSID Case No. ARB/96/3
Case type:
Claimant(s):
Fedax N.V.
Respondent state:
Applicable arbitration rules:
Investment treaty:
Applicable legal instruments:
Economic sector:
Outcome:
Amount of damages:
US $600,000
Other remedy:
The Tribunal decided that Venezuela shall pay Fedax N.V. USD 161,245.14 for regular and penal interest on the promissory notes, and an additional USD 50,150 representing half of the proceeding charges and costs advanced by the Applicant.
Available documents
11
Jul 1997
Claimant appointee:
Respondent appointee:
Arbitrator(s):
Chair/President:
Judges:
Claimant's counsel:
Respondent's counsel:
Annulment Committee president:
Annulment Committee members:
9
Mar 1998
Claimant appointee:
Respondent appointee:
Arbitrator(s):
Chair/President:
Judges:
Claimant's counsel:
Respondent's counsel:
Annulment Committee president:
Annulment Committee members: