ICSID, 10 October 2017, Victor Pey Casado and President Allende Foundation v. Republic of Chile, no. ARB/98/2, Annulment request

Victor Pey Casado filed another annulment request on 10 October 2017 against an award issued last September. The tribunal refused once again to grant him compensation for the expropriation of his publishing business following Pinochet’s military coup d’état in 1973 in Chile. The 102-year-old Pey Casado claimed that the use by the tribunal of the latin maxim “rei publicae interest ut finit sit litium” [meaning that the public interest is that the litigation should end] showed its bias in favour of the public state interest.

2018-01-14T20:38:30+00:00 October 10th, 2017|ICSID, International awards|0 Comments

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