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“Denial of Benefits” Clause in Pac Rim v. El Salvador and Liman v. Kazakhstan

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Pac Rim Cayman LLC v. Republic of El Salvador, ICSID Case No. ARB/09/12, Decision on Respondent’s Jurisdictional Objections, 1 June 2012 (V.V. Veeder, Guido Santiago Tawil, Brigitte Stern) and Liman Caspian Oil BV and NCL Dutch Investment BV v. Republic of Kazakhstan, ICSID Case No. ARB/07/14, Award, 22 June 2010 (Karl-Heinz Böckstiegel, Kaj Hobér, James Crawford)

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Affiliations: 1: Arbitration and Mediation Center of the American Chamber of Commerce São Paulo, Brazil,


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