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Some Aspects of the Quantum of Compensation Payable Upon Expropriation

Published online by Cambridge University Press:  28 February 2017

C. F. Amerasinghe
C. F. Amerasinghe*
Affiliation:
The World Bank Tribunal
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Abstract

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Type
The New New International Economic Order
Information
Proceedings of the ASIL Annual Meeting , Volume 87 , 1993 , pp. 477 - 483
Copyright
Copyright © American Society of International Law 1993

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References

1 See Amerasinghe, C. F., State Responsibility for Injuries to Aliens 143 (1967)Google Scholar; and The Quantum of Compensation for Nationalized Property, in Lillich, Richard (Ed.), 3 The Valuation of Nationalized Property in International Law 91–130 (1975)Google Scholar.

2 1928 PCIJ (ser. A) No. 17.

3 Amoco International Finance Corp. case 15 Iran-U.S. Claims Tribunal 246 (1987). See also Sedco Inc. case, 15 Iran-U.S. Claims Tribunal 23 (1987).

4 Id. at 246–47.

5 Id. at 247.

6 Id. at 300–04. Judge Brower’s opinion, though termed a concurring opinion, consists of dissents on all the points discussed, while he formally subscribed to the award. See also Judge Holtzmann in a “concurring” opinion in the Starrett Housing Corp. case, 16 Iran-U.S. CI. Trib. Rep. 112, 195(1978).

7 See Westberg, John A. & Marchais, B., General Principles Governing Foreign Investment as Articulated in Recent International Tribunal Awards and Writings of Publicists, in World Bank Group, 1 Legal Framework for the Treatment of Foreign Investment 135, 145 (1992)Google Scholar.

8 See Amerasinghe, , Issues of Compensation for the Taking of Alien Property in the Light of Recent Cases and Practice, 41 1CLQ 22, 60 (1992)Google Scholar.

9 Id. at 51–59 (discussing the precedents fully).

10 Net book value was, however, awarded in the Banco Nacional de Cuba case, 658 F.2d 875 (2d Cir. 1981).

11 15 Iran-U.S. CI. Trib. Rep. 189, 267.

12 [1977], 62I.L.R. 140 (1982).

13 [1982], 66I.L.R. 518 (1984).

14 For these cases, see Amerasinghe, supra note 8, at 53.

15 See the Libyan American Oil Co. arbitration [1977], 62 l.L.R. 140 (1982), and the Aminoil arbitration [1982], 66 l.L.R. 518 (1984).

16 The INA Corporation case [1985], 8 Iran-U.S. CI. Trib. Rep. 373 (1987).

l7 The Phelps Dodge Corporation case [1986], 10 Iran-U.S. CI. Trib. Rep. 121 (1987).

l8 The American International Group case [1983], 4 Iran-U.S. CI. Trib. Rep. 96 (1985).

19 The Phillips Petroleum Company of Iran case [1989], 21 Iran-U.S. CI. Trib. Rep. 79 (1990).

20 The Sedco Inc. case [1987], 15 Iran-U.S. CI. Trib. Rep. 23 (1988).

21 The Starrett Housing Corp. case [1987], 16 Iran-U.S. CI. Trib. Rep. 112 (1988).

22 The Thomas Earl Payne case [1986], 12 Iran-U.S. CI. Trib. Rep. 189 (1988).

23 The Amoco International Finance Corp. case [1987], 16 Iran-U.S. CI. Trib. Rep. 189 (1988).

24 The Sola Tiles Inc. case [1987], 14 Iran-U.S. CI. Trib. Rep. 223 (1988).

25 The Banco Nacional de Cuba case, 658 F.2d 875 (2d Cir. 1981).

26 The CBS Inc. case [1990], 25 Iran-U.S. CI. Trib. Rep. 131 (1992).

27 [1987], 15 Iran-U.S. CI. Trib. Rep. 189, 256 (1988).

28 [1987], 16 Iran-U.S. CI. Trib. Rep. 112, 221 (1988).

29 Id. at 195.

30 [1989], 21 Iran-U.S. CI. Trib. Rep. 123 (1990).

31 See Lauterpacht, Elihu, Aspects of the Administration of International Justice 134 (1991)Google Scholar.