ICSID Awards Investors In Croatia’s Food Industry $6.7M For Treaty Violation

(August 8, 2018, 1:25 PM EDT) -- WASHINGTON, D.C. — After finding that the Republic of Croatia expropriated an investment by a meat company and its owner by taking land plots without compensation, a tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on Aug. 7 issued its decision awarding the claimants a total of $6,732,028.75 in damages and costs (Gavrilović and Gavrilović d.o.o. v Republic of Croatia, No. ARB/12/39, ICSID)....

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