08/23/2024 | Press release | Distributed by Public on 08/23/2024 16:54
Award of the Tribunal
Award of the Tribunal (April 19, 2024)English (Original); Spanish (Original)
Date | Development |
July 9, 2019 |
The Secretary-General registers a request for the institution of arbitration proceedings. |
October 17, 2019 |
Following appointment by the Claimants, Daniel M. Price (U.S.) accepts his appointment as arbitrator. |
December 6, 2019 |
Following appointment by the Respondent, Claus von Wobeser (German/Mexican) accepts his appointment as arbitrator. |
September 16, 2020 |
The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Bernardo M. Cremades (Spanish), President, appointed by agreement of the parties; Daniel M. Price (U.S.), appointed by the Claimants; and Claus von Wobeser (German/Mexican), appointed by the Respondent. |
September 16, 2020 |
Following appointment by agreement of the parties, Bernardo M. Cremades (Spanish) accepts his appointment as presiding arbitrator. |
October 15, 2020 |
The Respondent files preliminary objections pursuant to ICSID Arbitration Rule 41(5). |
October 26, 2020 |
The Tribunal holds a first session by video conference. |
October 28, 2020 |
The Tribunal issues Procedural Order No. 1 concerning procedural matters. |
November 16, 2020 |
The Claimants file observations on the Respondent's preliminary objections pursuant to ICSID Arbitration Rule 41(5). |
December 1, 2020 |
The Respondent files a reply on preliminary objections pursuant to ICSID Arbitration Rule 41(5). |
December 16, 2020 |
The Claimants file a rejoinder on preliminary objections pursuant to ICSID Arbitration Rule 41(5). |
January 15, 2021 |
The Tribunal issues Procedural Order No. 2 concerning the organization of the hearing on the Rule 41(5) objection. |
January 19, 2021 |
The Tribunal holds a hearing on the Rule 41(5) objection by video conference. |
February 4, 2021 |
Each party files a statement of costs. |
February 22, 2021 |
The Tribunal issues a decision on the Respondent's preliminary objections pursuant to ICSID Arbitration Rule 41(5). |
May 24, 2021 |
The Claimants file a memorial on the merits. |
June 23, 2021 |
The Respondent files a request to address the objections to jurisdiction as a preliminary question. |
July 23, 2021 |
The Claimants file observations on the request to address the objections to jurisdiction as a preliminary question. |
August 23, 2021 |
The Tribunal issues Procedural Order No. 3 concerning the Respondent's request to address the objections to jurisdiction as a preliminary question. |
January 31, 2022 |
The Respondent files a counter-memorial on the merits and memorial on jurisdiction. |
April 20, 2022 |
Following exchanges between the parties, each party files a request for the Tribunal to decide on production of documents. |
May 11, 2022 |
The Tribunal issues Procedural Order No. 4 concerning production of documents. |
August 12, 2022 |
The Claimants file a reply on the merits and counter-memorial on jurisdiction. |
December 23, 2022 |
The Respondent files a rejoinder on the merits and reply on jurisdiction. |
March 23, 2023 |
The Claimants file a rejoinder on jurisdiction. |
April 17, 2023 |
The Tribunal holds a pre-hearing organizational meeting with the parties by video conference. |
April 25, 2023 |
The Tribunal issues Procedural Order No. 5 concerning the organization of the hearing. |
June 5, 2023 - June 8, 2023 |
The Tribunal holds a hearing on jurisdiction and the merits in person in Washington, D.C. and by video conference. |
June 15, 2023 |
The Tribunal issues Procedural Order No. 6 concerning procedural matters. |
August 11, 2023 |
Each party files a post-hearing brief. |
September 8, 2023 |
Each party files a statement of costs. |
April 19, 2024 |
The Tribunal renders its award. |
Date | Development |
August 23, 2024 |
The Acting Secretary-General registers an application for partial annulment of the award filed by Glencore International A.G., C. I. Prodeco S.A., and Sociedad Portuaria Puerto Nuevo S.A. |