Tarptautinė viešoji teisė VDU (international public law), penktos paskaitos konspektas EN 2016

V paskaita

Panevezys case. This was a case involving two countries – Lithuania and Estonia. Estonia sued Lithuania. Why? Because Lithuanians took a railroad- it was in Lithuania and they nationalized it and didn’t paid any compensation. Estonia brought a claimed because they said that it was their- corporation owned a railroad.

When the state has a right to protect corporation? In what situation? – it has to be incorporated in that country. What about shareholders? We care about that? –no, we don’t care about that. Do we care where company is doing business? –no. [panasus kl, susijes su tuo gali buti egze] just look where it is incorporated/registered.