ICSID Tribunal Bifurcates Real Estate Investors’ 30M Euro Claim Against Serbia

(September 20, 2023, 2:14 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Sept. 19 published a tribunal’s order granting the Republic of Serbia’s request for bifurcation of claims brought against it by Cypriot and Canadian investors, ordering that it will first address its jurisdiction over the investors’ claims that Serbia caused them 30 million euros in damages by building traffic infrastructure on land they were developing....