392. Claims for injuries to corporations and shareholders.

As a general rule, under international law, a state may take up by way of diplomatic protection a claim which arises out of an injury committed against a corporation or other juridical person which possesses its nationality1. For the purposes of diplomatic protection, what is important from the point of view of international law is whether a corporation is granted separate legal personality independent of its members, which implies that it has been granted rights over its own property, which it alone is capable of protecting2; as a result, only the state of nationality of a corporation may exercise