ICSID, 6 November 2017, Longreef Investments A.V.V. v. Bolivarian Republic of Venezuela, no. ARB/11/5

In 2010, Venezuela nationalized the Company Café Fame de América as part of Hugo Chavez’s policy to take back control of the country’s food supplies. On this occasion, the Venezuelan government had expropriated one of the investments of the firm, the Longreef Company based in the Netherlands Antilles. Longreef replied by initiating a request for [...]