Year of Claim: 2002
Basis for Claim: ECT
Respondent State: Bulgaria
Name of Claimant 1: Plama Consortium Ltd.
Primary Nationality of Claimant: Cyprus
Tribunal accepted jurisdiction over claim, but decided that respondent state did not violate treaty. Tribunal required claimant to pay all arbitration costs as well as legal costs of respondent state.
Policy Areas: environmental protection (environmental liability), administration of justice (bankruptcy administration), public order (occupations of oil refinery), tax (corporate income tax), privatization (oil re
Rules Used: ICSID