Elecgas v. Costa Rica

Elecgas v. Costa Rica is an international arbitration case where a private energy company, Elecgas, claimed that Costa Rica violated a bilateral investment treaty. The dispute arose over Costa Rica's actions affecting Elecgas's investments in the country's gas supply sector. The company argued that these actions were unfair and undermined its rights as an investor. The case illustrates the complexities of international investments, where companies seek protection under treaties when they believe a host country's policies harm their business interests. Ultimately, it highlights the balance between governmental regulation and foreign investment protections.