Expropriation


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Related to Expropriation: Creeping expropriation

Expropriation

The official seizure by a government of private property. Any government has the right to seize such property, according to international law, if prompt and adequate compensation is given. Sometimes referred to as nationalization.

Expropriation

The act of a government or, rarely, a private organization taking property away from its owner(s). Generally speaking, expropriation implies that the owner will be compensated for the loss, though not always at fair market value. Compensation does not always occur when citizens have little legal protection against government takeovers.

expropriation

The seizure of private property for public use by condemnation.

References in periodicals archive ?
What unifies all the government's enemies--political, corporate, institutional, business--is the government's policy of apparently irreversible changes, with expropriations as one of the central pillars.
ASEAN-AU-NZ FTA, supra note 53, Annex on Expropriation and Compensation, [paragraph] 4, at 177-78; Zoellick Letter, supra note 153, at [paragraph] 4(b).
Article 1102 ensures that investors from the other NAFTA countries will not receive less favourable treatment than domestic investors, Article 1103 gives these investors most-favoured-nation status with respect to their investments, Article 1105 prescribes a minimum standard of fair and equitable treatment, and Article 1110 protects against expropriation without compensation and bans certain expropriations altogether.
II +) annexes and memories required to obtain government decision on expropriation for public utility, prepared only for vol .
Even so, the federal government intervened with a expropriation decree.
In Canada, there was once a common law basis for expropriation without legislative oversight.
Kazakhstan case, where it was ordered to pay 170 million USD with interests for the expropriation of Kar-Tel, at the time the second largest mobile operator in Kazakhstan, owned by Turkish investors.
Repsol is fighting for financial compensation over the expropriation.
the past, the act of expropriation constituted willingly and voluntarily
Ma noted that those measures are meant to avoid disputes related to land expropriation and alleviate local people's concern over sky-high realty prices, so as to materialize the justice of land, residence, and taxation.
Expropriation insurance protects an insured's investment or assets in a foreign country from the foreign government's unlawful confiscation, nationalization or expropriation.
A common law de facto expropriation will only be found where the owner has been deprived of all "reasonable" uses of his or her property, with reasonable being defined to include some unprofitable uses.