Philip Morris Brands Sàrl, Philip Morris Products S.A. and Abal Hermanos S.A. v. Oriental Republic of Uruguay, ICSID Case No. ARB/10/7

Anonymous

World Trade Review, 2017, vol. 16, issue 3, 551-555

Abstract: On 8 July 2016, an International Centre for Settlement of Investment Disputes (ICSID) tribunal chaired by Professor Piero Bernardini, with co-arbitrators Gary Born (the Claimants' appointee) and Judge James Crawford (the Respondent's appointee), issued its award in Philip Morris Brands Sàrl, Philip Morris Products S.A. and Abal Hermanos S.A. v. Oriental Republic of Uruguay (Award). The Award dismissed all of the Claimants' claims and ordered the Claimants to pay 70% of Uruguay's legal costs and expenses.

Date: 2017
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