International arbitration tribunal’s decision on AS Tallinna Vesi´s and United Utilities (Tallinn) B.V.’s claims against the Republic of Estonia is available now on ICSID website
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On 21 June 2019, an international arbitration tribunal made a decision on AS Tallinna Vesi´s and United Utilities (Tallinn) B.V.’s claim in the proceedings against the Republic of Estonia for compensation for losses caused by a breach of the Agreement on the Encouragement and Reciprocal Protection of Investments between the Kingdom of the Netherlands and the Republic of Estonia. A majority decision from the arbitration Panel dismissed AS Tallinna Vesi´s and United Utilities (Tallinn) B.V.’s claims, with one Panel member dissenting.
The full decision is now publicly available on ICSID webpage .
Riina Käi
Chief Financial Officer
AS Tallinna Vesi
(+372) 626 2262
[email protected]
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