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Fedax N.V. v. The Republic of Venezuela, ICSID Case No. ARB/96/3
Short Name:
Seat of Arbitration:
Applicable Treaty:
Applicable Legal Instruments:
Economic Sector:
Outcome:
Amount of Damages:
US $600,000
Other Remedy:
The Tribunal decided that Venezuela shall pay Fedax N.V. USD 161,245.14 for regular and penal interest on the promissory notes, and an additional USD 50,150 representing half of the proceeding charges and costs advanced by the Applicant.

