Paragraph 61 of the Award summarises Claimant's position concerning whether Costa Rican or international law applies (as does paragraph 62 with respect to Respondent's position). It says nothing about particular rules of law, such as the date as at which fair market value of the expropriated property is to be calculated, or about Claimant's position in that regard. As mentioned above, the determination of particular rules and principles of law is addressed separately, and explicitly, in subsequent sections of the Award, at paragraphs 68 and following. Specifically, paragraph 75 of the Award reads, in part, as follows:
"Claimant states that the fair market value of the Santa Elena Property, based on its highest and best use in the market place, is equivalent to its present day value, undiminished by any expropriatory actions of the Government and, in particular, by any environmental statutes or regulations enacted after 1978. [footnote omitted]"