ICSID Releases Award On Jurisdiction In Uruguay Tobacco Dispute

ICSID Releases Award On Jurisdiction In Uruguay Tobacco Dispute

WASHINGTON, D.C. - The International Centre For Settlement of Investment Disputes (ICSID) on July 17 released its award on jurisdiction in a dispute over the packaging and sale of tobacco products in the Oriental Republic of Uruguay, finding that the tribunal has jurisdiction over the case and that the case can proceed (Philip Morris Brands Sarl, et al. v. Oriental Republic of Uruguay, ARB/10/7, ICSID).

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