Nationality and ICSID jurisdiction | Practical Law
In Ioan Micula and others v Romania (ICSID Case No ARB/05/20), Decision on Jurisdiction and Admissibility, the tribunal considered, in the context of the ICSID Convention, the question of whether the "effective nationality" test is relevant to the jurisdictional requirement that the claims must be brought by a national of a Contracting State. In holding that there was no room for this principle under the ICSID Convention and the terms of the applicable BIT, the tribunal's decision was consistent with the approach of a previous ICSID tribunal.