ICSID - International Centre for Settlement of Investment Disputes

10/24/2023 | Press release | Distributed by Public on 10/24/2023 14:38

Klesch Group Holdings Limited, Klesch Refining Denmark A/S and Kalundborg Refinery A/S v. Kingdom of Denmark (ICSID Case No. ARB/23/48)

Klesch Group Holdings Limited, Klesch Refining Denmark A/S and Kalundborg Refinery A/S v. Kingdom of Denmark (ICSID Case No. ARB/23/48)

  • Subject of Dispute:
    Oil and Gas enterprise
  • Economic Sector:
    Oil, Gas & Mining
  • Instrument(s) Invoked: (i)
    ECT (Energy Charter Treaty)
  • Applicable Rules:
    ICSID Convention - Arbitration Rules

(a) Original Proceeding

  • Claimant(s)/Nationality(ies): (i)
    Klesch Group Holdings Limited (British), Klesch Refining Denmark A/S (Danish), Kalundborg Refinery A/S (Danish)
  • Respondent(s):
    Kingdom of Denmark (Danish)
  • Date Registered:
    October 24, 2023
  • Party Representatives

  • Claimant(s):
    Plesner, Copenhagen, Denmark
    Mayer Brown, London, U.K. and Paris, France
  • Respondent(s):
    Prime Minister's Office, Copenhagen, Denmark
    Ministry of Justice, Copenhagen, Denmark
    Ministry of Foreign Affairs, Copenhagen, Denmark
    Ministry of Taxation, Copenhagen, Denmark
  • Status of Proceeding:
    Pending
  • Latest Development:
    October 24, 2023 - The Acting Secretary-General registers a request for the institution of arbitration proceedings.

No References Available.

(a) Original Proceeding

Date Development
October 24, 2023

The Acting Secretary-General registers a request for the institution of arbitration proceedings.