Kluwer: The End of a Saga: Swiss Federal Supreme Court Upholds Clorox v. Venezuela Final Award

Published on July 3, 2024

By Nicole Cleis (Walder Wyss)

On 26 April 2024, the Swiss Federal Supreme Court (“SFSC”) rendered decision 4A_486/2023, upholding the unpublished Final Award in Clorox Spain S.L. v. Bolivarian Republic of Venezuela (“Clorox v. Venezuela”) (PCA Case No. 2015-30). In the underlying investment treaty arbitration, Clorox sought compensation for the alleged expropriation and unfair treatment of its investment by Venezuela,...

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