041- Barcelona Traction (Belgium vs Spain)
On September 23rd, 1958, Belgium filed an application instituting proceedings before the International Court of Justice (ICJ) against Spain concerning the bankruptcy in Spain in 1948 of Barcelona Traction, a public limited company formed in Toronto in 1911 and which capital belonged largely to Belgian nationals. It claimed that the Spanish Kingdom had violated international law by its actions and sought reparation for it.
The applicant raised preliminary objections to the Court’s jurisdiction. However, before the proceedings could move forward, Belgium informed the Court that it wished to halt the proceedings. The case was therefore struck from the roll by order of April 10th, 1961.
This summary is provided for informational purposes only, does not involve the responsibility of Dome and should in no way be used as a substitute for a careful reading of the judgment and order of the case.
