Mealey's International Arbitration Report, Vol.15, No.2 (2000) -- explained the original motivation for such provisions: to provide a means of redress in cases of nationalization of assets, especially when foreign investors are restricted in how they may seek compensation in the host nation's courts.
MADRID — Repsol YPF, the Spanish oil company, said Tuesday that it would seek at least $10.5 billion in compensation for Argentina's planned nationalization of its extensive operations there.
"It's not my priority to monetize this," said Hélène Renault-Dingli, one of the seven grandchildren seeking to overturn the nationalization.
Failure to reach a deal could lead the holding company through which Deripaska controls the aluminum producer to seek "other avenues to resolve the current impasse, including a potential acquisition by Chinese interests or the potential nationalization of the company by Russia," according to Justice Department filings made by a U.S. lobbying firm representing the holding company's chairman.
seeks more autonomy for provinces, nationalization of large industries, cuts in military spending and a more accommodating stance toward the Soviet Union.
Saying Jesus was his first inspiration as a revolutionary, Daniel Ortega, the Sandinista leader in Nicaragua's 12 years of civil war, nationalization and economic ruin, is seeking a return to power.
Pressed about the reason for delay, he said that nominees were being subjected to "a very rigorous process — and we're doing it, with all involved, as quickly as we can". In response to the crisis in the banking system, the Treasury is pursuing a strategy that seeks to avoid either the failure or nationalization of the biggest banks.
Asked in 2011, as ArcelorMittal was discussing the closure of a plant in Liège, Belgium, if European Union treaties prohibited nationalization, the European competition commissioner, Joaquín Almunia, said that the rules required only that the state act as a private enterprise would in the market, paying the owner the full value of the nationalized property and seeking to make a profit.
Some factions within the party have sought to steer the country to the left, advocating nationalization of mines and seizure of white-owned land.
Before the bright television lights started to heat the tastefully decorated lounge, I sought clarification from the president of the 100-year-old ANC, nationalization of mines - did they adopt it as a policy or not?
