ICSID Issues Ruling On Hungary's Objection To Expropriation Claims

WASHINGTON, D.C. - A tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on Feb. 20 released its decision on objections filed by Hungary under ICSID Arbitration Rule 41(5), finding that a Bermuda partnership and a Hungarian entity may rely on the most favored nation (MFN) provisions of a bilateral investment treaty, but only to the extent that they relate to expropriation (Accession Mezzanine Capital L.P., et al. v. Hungary, No. ARB/12/3, ICSID).

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