The first tribunal in the vivendi (compañía de aguas del aconquija) v argentina case (‘ vivendi v argentina case ’) issued its award on 21 november 2000. It found jurisdiction to hear the dispute but. Compañiá de aguas del aconquija s.a.
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Applying that “do no harm” standard, the tribunal determined argentina had directly undermined the claimants’ legitimate expectations of their investment and violated article 3 of the. Claims arising out of a series of decrees, resolutions, laws, and legal opinions of the argentine republic and its constituent province of tucumán which were allegedly designed to undermine the operation. On 20 march 2001, a request for partial annulment was filed by caa and cge’s successor, vivendi, and on 3 july 2002, a duly constituted ad hoc committee, comprised of mr.
French company vivendi universal (formerly compagnie générale des eaux) and its argentine affiliate compañía de aguas del aconquija s.a.
(collectively, cge) (plaintiffs) entered a concession contract. Arb/97/3 (formerly compañía de aguas del aconquija, s.a. (a) the tribunal had manifestly exceeded. In its application, the claimants raised three of the five grounds for annulment of an award under article 52(1) of the icisd convention.
By letters of january 29 and february 3, 1997, the centre asked the claimants to provide specific information concerning certain administrative steps that were mentioned in the. And compagnie générale des eaux. First, although various legal entities within the vivendi group have been mentioned (compagnie générale des eaux, vivendi s.a., vivendi universal), it does not appear that there is any relevant. Compañía de aguas del aconquija s.a.
(formerly compagnie générale des eaux) and vivendi universal s.a.
Argentine republic, icsid case no. Argentine republic (icsid case no.