Tag: icsid arbitration

Showing 31 out of 31 results

15 October 2012

Record Award Against Ecuador Demonstrates Willingness of Tribunal to Review State Decisions on Grounds of Proportionality

In an award notified to the parties on 5 October 2012 (the Award), the majority of a three-member arbitral tribunal established under the ICSID …

06 September 2012

Consistently inconsistent: another contrasting decision on 'Most Favoured Nation' provisions, another split decision

In Daimler Financial Services AG v Argentine Republic, an ICSID tribunal considered whether Daimler, a German investor, could rely on the 'most favoured …

24 November 2011

ICSID tribunal takes jurisdiction over 60,000 bondholder claims against Argentina for sovereign debt default

In its decision of 4 August 2011, a majority tribunal took a monumental decision to accept a "mass claim" under the ICSID rules in relation to …

08 February 2011

ICSID - first two successful challenges by States under ICSID's summary dismissal procedure

In 2006, the ICSID Rules were amended to introduce Rule 41(5), which allows a party to raise a preliminary objection that claims brought against it are …

08 February 2011

Investment Treaty - failure to observe treaty's cooling off period results in tribunal declining jurisdiction

In a decision in December 2010, an ICSID tribunal in Murphy v Ecuador ruled that it did not have jurisdiction due to the claimants' failure to comply …

08 February 2011

Venezuela - international tribunal confirms that Article 22 of the Venezuelan Investment Law does not constitute consent to ICSID arbitration

At the end of December 2010, in a decision that will be of interest to international companies doing business in Venezuela, an ICSID tribunal in the case …

07 June 2010

Temporal arguments exclude majority of construction company's claims under Turkey/Jordan BIT

TA v Jordan concerned a claim relating to interference with an arbitration award by the Jordanian courts. A tribunal constituted under the ICSID Rules, …