Capital Financial Holdings Luxembourg SA v. Republic of Cameroon ICSID - Case No. ARB/15/18
Jun 22, 2017OUTCOME: Cameroon prevailed. Case dismissed.
Interrnational Centre for Settlement of Investment Disputes (ICSID) ruled that it lacked jurisdiction to hear an arbitration case against Cameroon, accepting the objections on jurisdiction related to t ... he existence of an investment and the investor’s nationality. In particular, it ruled that the investor did not have a head office in Luxembourg and had abused its rights to “give the impression that it had a Luxembourg head office”
