It is also relevant that the Tribunal, having regard to the totality ofthe evidence, regards the decision by the Bank of Estonia to withdraw the license as justified. In light of this conclusion, in order to amount to a violation of the BIT, any procedural irregularity that may have been present would have to amount to bad faith, a wilful disregard of due process of law or an extreme insufficiency of action. None of these are present in the case at hand. In sum, the Tribunal does not regard the license withdrawal as an arbitrary act that violates the Tribunal’s “sense of juridical propriety.” Accordingly, the Tribunal finds that the Bank of Estonia’s actions did not violate Article II(3)(b) of the BIT.
đang được dịch, vui lòng đợi..
