Latvian Crab Investors Say ICSID Tribunal Spent ‘Insufficient’ Time On Case

Mealey's ( February 19, 2025, 10:58 AM EST) -- WASHINGTON, D.C. — A Latvian businessman and his crab fishing company argue in a memorial to an International Centre for Settlement of Investment Disputes (ICSID) ad hoc committee that it is “impossible” the tribunal that rejected their claims against the Kingdom of Norway spent sufficient time adjudicating the matter and that the tribunal improperly applied international law as barring certain allegations involving other states....