Urbaser v Argentina
| Urbaser v Argentina | |
|---|---|
| Court | International Centre for Settlement of Investment Disputes |
| Decided | 18 December 2016 |
| Citation | ARB/07/26 |
Urbaser v Argentina is a 2016 award of the International Centre for Settlement of Investment Disputes (ICSID).
It was the first award to directly examine the application of the human right to water to an investment dispute regarding a privatized water supply and sanitation service.[1]
Background
A Spanish company, Urbaser (the investor), was one of the main shareholders of a concession Aguas Del Gran Buenos Aires SA (AGBA) that provided water services in Buenos Aires. As a result of the economic crisis experienced by Argentina between 1998 and 2002, Argentina introduced emergency measures that impacted the financial position of the investment.[2]
References
Citations
- ^ Guntrip 2018, p. 40.
- ^ Levashova 2020, p. 118.
Bibliography
- Guntrip, Edward (2018). "Private Actors, Public Goods and Responsibility for the Right to Water in International Investment Law: An Analysis of Urbaser v. Argentina". Brill Open Law. 1 (1). Brill Publishers: 37–60. doi:10.1163/23527072-00101004. This article incorporates text from this source, which is available under the CC BY 4.0 license.
- Levashova, Yulia (2020). "The Right of Access to Water in the Context of Investment Disputes in Argentina: Urbaser and Beyond". Utrecht Law Review. 16 (2). Utrecht University: 110–124. doi:10.36633/ulr.572. This article incorporates text from this source, which is available under the CC BY 4.0 license.