Faegre Drinker Biddle & Reath LLP (JD Supra Austria)
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ICSID Claim Against Austria Puts Bilateral Investment Treaties Under Spotlight
On 30 July 2015, the secretary general of the International Centre for Settlement of Investment Disputes (ICSID) registered a request to begin arbitration proceedings against the Republic of Austria. . The request was submitted by B.V. Belegging-Maatschappij Far East (Far East) and claims that the Austrian government breached its obligations under the Austria-Malta bilateral investment treaty (BIT
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