Shedding Light on Article 1110 of the North American Free Trade Agreement(NAFTA)Concerning Expropriations: An Environmental Case Study

By focusing on the provision of Chapter 11 that has elicited the most fervent debate, namely Article 1110 concerning expropriations, this paper attempts to pick through the verbiage regarding, and shed light on, the meaning of Article 1110. To illustrate the discussion, the acquisition of MacMillan Bloedel Limited ( MB ), the then largest forest company in Canada, by Weyerhaeuser Company ( Weyerhaeuser ) on November 1, 1999 to create a major global forest company (the MB Acquisition ) is examined

Shedding Light on Article 1110 of the North American Free Trade Agreement(NAFTA)Concerning Expropriations: An Environmental Case Study

By focusing on the provision of Chapter 11 that has elicited the most fervent debate, namely Article 1110 concerning expropriations, this paper attempts to pick through the verbiage regarding, and shed light on, the meaning of Article 1110. To illustrate the discussion, the acquisition of MacMillan Bloedel Limited ( MB ), the then largest forest company in Canada, by Weyerhaeuser Company ( Weyerhaeuser ) on November 1, 1999 to create a major global forest company (the MB Acquisition ) is examined