Koch v. Venezuela

In an ICSID arbitration, Koch Minerals Sàrl and Koch Nitrogen International Sàrl claimed that the Bolivarian Republic of Venezuela had nationalized Koch’s interest in Fertilizantes Nitrogenados de Venezuela (“FertiNitro”), a nitrogen-based fertilizer producer, and had terminated an offtake agreement. Econ One was retained by counsel for Venezuela to provide expert analysis on quantum. Dr. Daniel Flores submitted two expert reports regarding the value of the nitrogen-based fertilizer plant and the offtake agreement. Dr. Flores also testified at the hearing in London.