Canadian Investor Seeks Annulment Of 14.5M Euro Award After Co-Claimants Withdraw

Mealey's (July 29, 2024, 2:35 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on July 26 published a tribunal’s order taking note of the discontinuance of annulment proceedings by several claimants whose claims were dismissed by the merits tribunal for lack of jurisdiction.  One applicant, a Canadian investor who partly prevailed on his claims against the Republic of Serbia for the seizure of his shares in a dairy farm investment, will continue to seek annulment alone....