Mr. Riccardo Monaco, Professor Emeritus at the University of Rome,
as Co-Agent and Counsel;
Mr. Ignazio Caramazza, State Advocate; Secretary-General of the Awocatura Generale dello Stato,
as Co-Agent and Advocate;
Mr. Michael Joachim Bonell, Professor of Comparative Law at the University of Rome,
Mr. Francesco Capotorti, Professor of International Law at the University of
Rome,
Mr. Giorgio Gaja, Professor of International Law at the University of Florence,
Mr. Keith Highet, Member of the Bars of New York and the District of
Columbia,
Mr. Berardino Libonati, Professor of Commercial Law at the University of
Rome,
as Counsel and Advocates;
assisted by
Mr. David Clark, L1.B. (Hons), Member of the Law Society of Scotland,
Mr. Alberto Colella, Assistant Legal Adviser to the Ministry of Foreign
Affairs,
Mr. Alan Derek Hayward, Fellow of the Institute of Chartered Accountants
in England and al es,
Mr. Pier Giusto Jaeger,
Professor of Commercial Law at the University of
Milan,
Mr. Attila Tanzi, Assistant Legal Adviser to the Ministry of Foreign Affairs,
Mr. Eric Wyler, Maître assistant of Public International Law at the Faculty of
Law of the University of Lausanne,
,'
as Advisers,
OF THE INTERNATIONAL
COURTOF JUSTICE
forrned to deal with
THECHAMBER
the case above mentioned,
composed as above,
after deliberation,
delivers the following Judgment:
1. By a letter dated 6 February 1987, filed in the Registry of the Court the
same day, the Secretary of State of the United States of America transrnitted to
the Court an Application instituting proceedings against the Republic of Italy
in respect of a dispute arising out of the requisition by the Govemment of Italy
of the plant and related assets of Raytheon-Elsi S.p.A., previously known as
Elettronica Sicula S.P.A. (ELSI), an Italian Company which was stated to have
been 100 per cent owned by two United States corporations. By the same letter,
the Secretary of State informed the Court that the Govemment of the
United States requested, pursuant to Article 26 of the Statute of the Court, that
the dispute be resolved by a Chamber of the Court.