11/23/2011 10:08:10 AM EST
ICSID Issues Decision On Jurisdiction In Dispute Filed Against Argentina
WASHINGTON, D.C. - After determining that a German company definitely held an investment in Argentina, the International Centre for Settlement of Investment Disputes (ICSID) on Oct. 26 released its decision finding that it has jurisdiction under a bilateral investment treaty to hear a dispute between the company and Argentina in relation to a concession agreement (Hochtief AG v. The Argentine Republic, No. ARB/07/31, ICSID).
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