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Indirect Expropriation - LL.M. in International Legal Studies

Indirect Expropriation - LL.M. in International Legal Studies

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MIGA<br />

Art Art. 11 iii) MIGA Convention (Breach of Contract):<br />

“any repudiation or breach by the host<br />

government of a contract with the holder of a<br />

guarantee, when (a) the holder of a guarantee<br />

does not have recourse to a judicial j or arbitral<br />

forum to determ<strong>in</strong>e the claim of repudiation or<br />

breach, or (b) a decision by such forum is not<br />

rendered d d with<strong>in</strong> i hi such h reasonable bl period i d of f time i<br />

as shall be prescribed <strong>in</strong> the contracts of<br />

guarantee pursuant to the Agency's Agency s regulations,<br />

regulations<br />

or (c) such a decision cannot be enforced;”<br />

<strong>LL</strong>.M.<br />

IN INTERNATIONAL LEGAL STUDIES

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