Fireman’s Fund Insurance Co. v. Mexico
International Centre for Settlement of Investment Disputes
ICSID Case No. ARB(AF)/02/1 (2006)
- Written by Megan Petersen, JD
Facts
Fireman’s Fund Insurance Co. (Fireman’s Fund) (plaintiff), a United States insurance company, pursued an arbitration in the International Centre for Settlement of Investment Disputes (ICSID) against Mexico (defendant) on the ground that Mexico violated the North American Free Trade Agreement (NAFTA). Fireman’s Fund claimed that Mexico helped facilitate the purchase of debentures denominated in Mexican pesos and owned by Mexican investors, but that it did not equally facilitate the purchase of debentures denominated in U.S. dollars and owned by Fireman’s Fund. Fireman’s Fund argued Mexico’s actions constituted an expropriation of property. The ICSID considered Mexico’s actions and developed a definition of the word “expropriation.”
Rule of Law
Issue
Holding and Reasoning ()
What to do next…
Here's why 815,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 46,300 briefs, keyed to 988 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.