ICSID Tribunal Denies Chicken Plant Investor’s Claim For $80M Against Costa Rica

(June 30, 2022, 1:51 PM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal on June 29 denied all claims by a Spanish-Venezuelan investor brought against the Republic of Costa Rica, finding that while certain measures by Costa Rica in the issuance of sanitary orders against his chicken processing plant violated international law, no expropriation occurred as the orders were quickly set aside by a Costa Rican court....

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