Investor-State Dispute Settlement Cases

The following is a list of investor-state dispute settlement cases. This information was compiled by the Energy Charter Secretariat and is updated regularly.

Please note that there is no requirement that such disputes be notified to the Secretariat, nor is the Secretariat involved in the administration of the investor-state dispute settlement procedure. The information below was compiled from various public sources, and includes links to publicly available documents; while the Secretariat has made efforts to ensure that this information is reliable, its accuracy and completeness cannot be guaranteed.

  1. AES Summit Generation Ltd. (UK subsidiary of US-based AES Corporation) v. Hungary
  2. Nykomb Synergetics Technology Holding AB (Sweden) v. Latvia
  3. Plama Consortium Ltd. (Cyprus) v. Bulgaria
  4. Petrobart Ltd. (Gibraltar) v. Kyrgyzstan
  5. Alstom Power Italia SpA, Alstom SpA (Italy) v. Mongolia
  6. Yukos Universal Ltd. (UK - Isle of Man) v. Russian Federation
  7. Hulley Enterprises Ltd. (Cyprus) v. Russian Federation
  8. Veteran Petroleum Trust (Cyprus) v. Russian Federation
  9. Ioannis Kardassopoulos (Greece) v. Georgia
  10. Amto (Latvia) v. Ukraine
  11. Hrvatska Elektroprivreda d.d. (HEP) (Croatia) v. Republic of Slovenia
  12. Libananco Holdings Co. Limited (Cyprus) v. Republic of Turkey
  13. Azpetrol International Holdings B.V., Azpetrol Group B.V. and Azpetrol Oil Services Group B.V. (the Netherlands) v. Azerbaijan
  14. Barmek Holding A.S. (Turkey) v. Azerbaijan
  15. Cementownia "Nowa Huta" S.A. (Poland) v. Republic of Turkey
  16. Europe Cement Investment and Trade S.A. (Poland) v. Republic of Turkey
  17. Liman Caspian Oil B.V. (the Netherlands) and NCL Dutch Investment B.V. (the Netherlands) v. Republic of Kazakhstan
  18. Electrabel S.A. (Belgium) v. Republic of Hungary
  19. AES Summit Generation Limited and AES-Tisza Erömü Kft. (UK) v. Republic of Hungary
  20. Mohammad Ammar Al-Bahloul (Austria) v. Tajikistan
  21. Mercuria Energy Group Ltd. (Cyprus) v. Republic of Poland
  22. Alapli Elektrik B.V. (the Netherlands) v. Republic of Turkey
  23. Remington Worldwide Limited (UK) v. Ukraine
  24. Vattenfall AB, Vattenfall Europe AG, Vattenfall Europe Generation AG & Co. KG (Sweden) v. Federal Republic of Germany
  25. EDF International S.A. (France) v. Republic of Hungary
  26. EVN AG (Austria) v. The Former Yugoslav Republic of Macedonia
  27. AES Corporation and Tau Power B.V. (the Netherlands) v. Kazakhstan
  28. Anatolie and Gabriel Stati, Ascom Group S.A., Terra Raf Trans Traiding Ltd v. Kazakhstan
  29. Khan Resources B.V. (the Netherlands) v. Mongolia
  30. Türkiye Petrolleri Anonim Ortaklığı (Turkey) v. Kazakhstan
  31. The PV Investors v. Spain
  32. Slovak Gas Holding B.V. (the Netherlands) et al v. Slovak Republic
  33. Vattenfall AB (Sweden) et al v. Germany
  34. Charanne (the Netherlands) and Construction Investments (Luxembourg) v. Spain
  35. ČEZ (Czech Republic) v. Albania
  36. Antaris Solar and Dr. Michael Göde v. Czech Republic
  37. EVN AG v. Republic of Bulgaria
  38. Isolux Infrastructure Netherlands B.V. v. Spain
  39. CSP Equity Investment S.à.r.l. v. Spain
  40. RREEF Infrastructure (G.P.) Limited and RREEF Pan-European Infrastructure Two Lux S.à r.l. v. Spain
  41. Antin Infrastructure Services Luxembourg S.à.r.l. and Antin Energia Termosolar B.V. v. Spain
  42. MOL Nyrt. (Hungary) v. Croatia
  43. Eiser Infrastructure Limited and Energia Solar Luxembourg S.a.r.l. v. Spain
  44. Natland Investment Group NV, Natland Group Limited, G.I.H.G. Limited, and Radiance Energy Holding S.A.R.L. v. Czech Republic
  45. Voltaic Network GmbH v. Czech Republic
  46. ICW Europe Investments Limited v. Czech Republic
  47. Photovoltaik Knopf Betriebs-GmbH v. Czech Republic
  48. WA Investments-Europa Nova Limited v. Czech Republic
  49. Mr. Jürgen Wirtgen, Mr. Stefan Wirtgen, and JSW Solar (zwei) v. Czech Republic
  50. Masdar Solar & Wind Cooperatief UA v. Spain
  51. Blusun SA, Jean-Pierre Lecorcier and Nichael Stein v. Italy

1. AES Summit Generation Ltd. (UK subsidiary of US-based AES Corporation) v. Hungary

Counsel: Allen & Overy (S. Jagusch & J. Gill) v. information not publicly available
Case registered: 25.04.2001
Forum & reference: ICSID Case No. ARB/01/4
Arbitrators: Allan Philip (chair); Francisco Orrego Vicuña; Prosper Weil
Subject matter: Electricity sale agreement
Status of proceeding: Settlement agreed by the parties and proceeding discontinued at their request (3 January 2002)   
Claim: Information not publicly available
Award:
N/A

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2. Nykomb Synergetics Technology Holding AB (Sweden) v. Latvia

Counsel: Hellström & Partners Adv. (J. Wetterfors & P. Winnberg) v. Setterwalls Adv. (F. Wennerholm & P. Törnquist) Grunte & Cers, Riga (G. Cers)
Case registered: 11.12.2001
Forum & reference: Arbitration Institute of the SCC - Case No 118/2001
Arbitrators: Bjørn Haug (chair); Rolf A. Schütze; Johan Gernandt   
Subject matter: Electricity sale agreement   
Status of proceeding: Award rendered on 16.12.2003   
Claim: 7,097,680 Lats (information from the award)
Award: Award (click to download)

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3. Plama Consortium Ltd. (Cyprus) v. Bulgaria

Counsel: Shearman & Sterling LLP (E. Gaillard & J. Savage); V. Colaiuta ("Avocat à la Cour" - for the phase on the merits up to May 2007); Nixon Peabody LLP (F.H. Penski - hearing on the merits) v. Bulgarian Ministry of Finance (I. Kondov); White & Case LLP (P. Friedland - New-York; C.B. Lamm; A. Cohen Smutny - Washington DC); Tomov & Tomov (L. Tomov)
Case registered: 19.08.2003
Forum & reference: ICSID Case No. ARB/03/24    
Arbitrators: Carl F. Salans (chair); Albert Jan van den Berg; V.V. Veeder
Subject matter: Oil refinery investment   
Status of proceeding: Award rendered on 27.08.2008
28.10.2005 - Decision on jurisdiction (click to download)
Claim: USD 300 million (Shearman & Sterling website)
Award: Award (click to dowload)

Revision proceeding
27.09.2011 - Case registered
03.10.2011 - Tribunal reconstituted (Carl F. Salans (chair); Albert Jan van den Berg; V.V. Veeder)
Status of revision proceeding: The Tribunal issues a procedural order for the discontinuance of the proceeding for lack of payment of the required advances, pursuant to ICSID Administrative and Financial Regulation 14(3)(d) on 09.07.2012

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4. Petrobart Ltd. (Gibraltar) v. Kyrgyzstan

Counsel: Setterwalls Adv. (F. Wennerholm & J. Sidklev) v. Leboeuf, Lamb, Green & McRae (E. Claes - Brussels; J.T. Corrigan & N. Aldashec - Bishkek) 
Case registered: 01.09.2003
Forum & reference: Arbitration Institute of the SCC - Case No 126/2003
Arbitrators: former Justice Hans Danelius (chair), Jeroen Smets, Professor Ove Bring  
Subject matter: Gas delivery contract   
Status of proceeding:
Award rendered on 29.03.2005
Application for setting aside of award rejected by Svea Court of Appeal on 13.04.2006
Claim: USD 4,084,652.2 (information from the award)
Award: Award (click to download)
           
Judgment (click to download)

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5. Alstom Power Italia SpA, Alstom SpA (Italy) v. Mongolia

Counsel: Lovells (A.R. Marshall & J. Reynolds), James Crawford SC & Simon Olleson v. Milbank, Tweed, Hadley & McCloy LLP (M.D. Nolan & E. Baldwin)
Case registered: 18.03.2004
Forum & reference: ICSID  Case No. ARB/04/10
Arbitrators: Marc Lalonde QC (chair); Jan Paulsson; Sir Anthony Mason    
Subject matter: Thermal energy project, dispute relating to boiler rehabilitation
Status of proceeding: Settlement agreed by the parties and proceeding discontinued at their request
(Order taking note of the discontinuance pursuant to Arbitration Rule 43(1) issued by the Tribunal on 13.03.2006)   
Claim: Information not publicly available
Award: N/A

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6. Yukos Universal Ltd. (UK - Isle of Man) v. Russian Federation

Counsel: Shearman & Sterling (E. Gaillard, Y. Banifatemi, P. Pinsolle) v. Cleary Gottlieb (R.T. Greig, C. Annacker)
Case registered: 03.02.2005 
Forum & reference: Ad hoc UNCITRAL Arbitration Rules; arbitration administered by the Permanent Court of Arbitration (PCA) in The Hague
Arbitrators: L. Yves Fortier (chair); Charles Poncet (replacing Daniel Price); Stephen Schwebel
Subject matter: Discriminatory measures and expropriation of investments   
Status of proceeding: Pending
30.11.2009 - Interim Award on Jurisdiction and Admissibility rendered (click to download)
Claim: USD 100 billion (total amount of compensation sought for disputes 6, 7, 8 - www.globalarbitrationreview.com)
Award: N/A

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7. Hulley Enterprises Ltd. (Cyprus) v. Russian Federation

Counsel: Shearman & Sterling (E. Gaillard, Y. Banifatemi, P. Pinsolle) v. Cleary Gottlieb (R.T. Greig, C. Annacker)
Case registered: 03.02.2005
Forum & reference: Ad hoc UNCITRAL Arbitration Rules; arbitration administered by the Permanent Court of Arbitration (PCA) in The Hague
Arbitrators: L. Yves Fortier (chair); Charles Poncet (replacing Daniel Price);  Stephen Schwebel
Subject matter: Discriminatory measures and expropriation of investments   
Status of proceeding: Pending
30.11.2009 - Interim Award on Jurisdiction and Admissibility rendered (click to download)
Claim: USD 100 billion (total amount of compensation sought for disputes 6, 7, 8 - www.globalarbitrationreview.com)
Award: N/A

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8. Veteran Petroleum Trust (Cyprus) v. Russian Federation

Counsel: Shearman & Sterling (E. Gaillard, Y. Banifatemi, P. Pinsolle) v. Cleary Gottlieb (R.T. Greig, C. Annacker)
Case registered: 03.02.2005
Forum & reference: Ad hoc UNCITRAL Arbitration Rules; arbitration administered by the Permanent Court of Arbitration (PCA) in The Hague
Arbitrators: L. Yves Fortier (chair); Charles Poncet (replacing Daniel Price);  Stephen Schwebel   
Subject matter: Discriminatory measures and expropriation of investments   
Status of proceeding: Pending
30.11.2009 - Interim Award on Jurisdiction and Admissibility rendered (click to download)
Claim: USD 100 billion (total amount of compensation sought for disputes 6, 7, 8 - www.globalarbitrationreview.com)
Award: N/A

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9. Ioannis Kardassopoulos (Greece) v. Georgia

Counsel: Skadden, Arps, Slate, Meagher & Flom (UK) LLP (K. Nairn & D. Herlihy) v. DLA Piper (C. Salomon & M. Saunders)
Case registered: 03.10.2005
Forum & reference: ICSID Case No. ARB/05/18
Arbitrators: L. Yves Fortier (chair); Francisco Orrego Vicuña; Vaughan Lowe (appointed following the passing away of Arthur Watts)
Subject matter: Oil and gas distribution enterprise   
Status of proceeding: Award rendered on 03.03.2010
27.02.2006 - Tribunal constituted
15-16.01.2007 - Tribunal holds a first hearing on jurisdiction in London
06.07.2007 - Decision on jurisdiction (click to download)
10.01.2009-19.01.2009 - Tribunal holds a hearing on the merits in London
03.03.2010 - Award rendered
Claim: USD 350 million (DLA Piper website)
Award: Award (click to download)

Annulment proceeding
16.07.2010 - Application for annulment registered
11.08.2010 - Ad hoc Committee constituted (Dominique Hascher (Chair); Cecil W.M. Abraham; Karl-Heinz Böckstiegel)
Status of proceeding: The ad hoc Committee issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rules 53 and 43(1) on 12.12.2011

Revision proceeding
21.01.2011 - Case registered
04.02.2011 - Tribunal reconstituted (L. Yves Fortier (Chair), Vaughan Lowe, Francisco Orrego Vicuña)
Status of revision proceeding: The Tribunal issues a procedural order taking note of the discontinuance of the proceedings pursuant to ICSID Arbitration Rules 53 and 43(1) on 21.12.2011

See also report in Investment Arbitration Reporter at www.iareporter.com/articles/20101015

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10. Amto (Latvia) v. Ukraine

Counsel: Mannheimer Swartling (K. Hóber) & Svahnström (S. Svahnström) v. Grischenko & Partners (S. Voitovich, D. Grischenko and D. Shemelin) and Proxen & Partners (A. Alekseyev and O. Shevchuk)
Case registered: 24.11.2005   
Forum & reference: Arbitration Institute of the SCC
Arbitrators: Bernardo Cremades (chair), Per Runeland, Christer Söderlund
Subject matter: Nuclear power plant (dispute arising out of the bankruptcy of a nuclear power plant and default under contracts to provide services in relation to high voltage electrical equipment used in Zaporizhya power plant in Ukraine)   
Status of proceeding: Award rendered on 26.03.2008
Claim: EUR 14,999,194 for losses and USD 594,902 for costs (information from the award)
Award: Award (click to download)

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11. Hrvatska Elektroprivreda d.d. (HEP) (Croatia) v. Republic of Slovenia

Counsel: Hunton & Williams (R.W. Hawkins & D.D. Cors, Washington, D.C.; S.M. Sayers & T.J. Cawley of McLean, Va.) v. Allen & Overy (S. Jagusch, M. Levy, A. Sinclair & M. Jain - London; L. Gouiffès - Paris)
Case registered: 28.12.2005
Forum & reference: ICSID Case No. ARB/05/24
Arbitrators: David A. R. Williams (chair); Judge Charles N. Brower; Jan Paulsson 
Subject matter: Nuclear power plant   
Status of proceeding: Pending
20.04.2006 - Tribunal constituted
03.07.2006 - Tribunal holds a first session in London
05-16.05.2008 - Hearing on jurisdiction and merits in Paris
12.06.2009 - Decision on the Treaty interpretation issue and Individual Opinion (click to download)
Claim: Euro 31.7 Million (statement from Croatia's Ministry of Economy)
Award: N/A

More detail...

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12. Libananco Holdings Co. Limited (Cyprus) v. Republic of Turkey

Counsel: Crowell & Moring LLP (S.H. Newberger, D. Contratto) & A.L. Demetriades, Barrister (Cyprus) v. Freshfields Bruckhaus Deringer LLP (L. Reed, D.B. King and N. Rubins - New York; J. Paulsson - Paris) and Coşar Avukatlik Bürosu (A. Coşar, A. Coşar, U. Coşar)
Case registered: 19.04.2006
Forum & reference: ICSID Case No. ARB/06/8
Arbitrators: Michael Hwang (chair), Henri C. Alvarez and Sir Franklin Berman Q.C.
Subject matter: Electricity generation and distribution concessions (expropriation)   
Status of proceeding: Final Award rendered on 02.09.2011
18.12.2006 - Tribunal constituted
12.02.2007 - Tribunal holds a first session in New York
28-29.04.2008 - Tribunal holds a hearing on the parties' request in Washington, D.C.
23.06.2008 - Tribunal issues a detailed decision on preliminary issues
02.09.2011 - Final Award rendered
Claim: USD 10 billion (claim announced 23.02.2006 www.crowell.com)
Award: Award (click to download)

Annulment proceeding
20.12.2012 - Case registered
14.02.2012 - Ad hoc Committee constituted (Andrés Rigo Sureda (Chair); Hans Danelius; Eduardo Silva Romero)
21.09.2012 - Respondent files a rejoinder of annulment
22.05.2013 - Decision of annulment (not publicly available)
Status of annulment proceeding: Concluded

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13. Azpetrol International Holdings B.V., Azpetrol Group B.V. and Azpetrol Oil Services Group B.V. (the Netherlands) v. Azerbaijan

Counsel: McDermott Will & Emery UK LLP (J. Blanch & A. Moody) v. Allen & Overy (S. Jagusch, J. Gill & A. Sinclair - London; L. Gouiffès - Paris)
Case registered: 30.08.2006
Forum & reference: ICSID Case No. ARB/06/15
Arbitrators: Florentino P. Feliciano (chair - appointed following the passing away of Arthur Watts), Professor Christopher Greenwood QC CMG, Judge Charles N. Brower
Subject matter: Oil and gas distribution, trade, storage and transportation enterprises
Status of proceeding: Award rendered on 08.09.2009
18.01.2007 - Tribunal is constituted
02.04.2007 - Tribunal holds its first session in London
30.06-01.07.2008 - Tribunal holds a hearing on jurisdiction in London
07.01.2009 - Tribunal issues a procedural order concerning the Respondent's request for the discontinuance of the proceeding of 31.12.2008
08.09.2009 - Award rendered
Claim: Information not publicly available
Award: Award (click to download)

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14. Barmek Holding A.S. (Turkey) v. Azerbaijan

Counsel: Lovells (M. Davison & J. Reynolds); Yazici (M. Yazici) v. Latham & Watkins LLP (R. Volterra & S. Seeleman-Eggebert)
Case registered: 16.10.2006
Forum & reference: ICSID Case No. ARB/06/16
Arbitrators: Vaughan Lowe (chair); Peter Galbraith; Brigitte Stern
Subject matter: Electricity concession
Status of proceeding: 28.09.2009 - Settlement agreed to by the parties and recorded in the form of an award
Claim: Information not publicly available
Award: Settlement award (not publicly available)

More detail...

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15. Cementownia "Nowa Huta" S.A. (Poland) v. Republic of Turkey

Counsel: Mannheimer Swartling Advokatbyrå (K. Hóber, J. Ragnwaldh & N. Eliasson) v. Freshfields Bruckhaus Deringer (J. Paulsson, L. Reed & B. King) and Cosar Avukatlik Bürosu (Aydin Cosar, U. Cosar & Arzu Cosar)
Case registered: 16.11.2006
Forum & reference: ICSID Case No. ARB(AF)/06/2
Arbitrators: Pierre Tercier (Chair), Marc Lalonde QC, Christopher Thomas
Subject matter: Electricity concessions
Status of proceeding: Award rendered on 17.09.2009
11.05.2007 - Tribunal constituted
23.08.2007 - Tribunal holds a first session in Paris
26.05.2008 - Tribunal holds a hearing on the parties' renewed applications in Paris
30.07.2008 - Tribunal issues a procedural order concerning the procedural calendar
22.01.2009 - Tribunal issues a procedural order deciding to deal with the objections to jurisdiction as a preliminary matter; as a result the proceeding on the merits is suspended
17.09.2009 - Award rendered
Claim: USD 4.6 billion (www.globalarbitrationreview.com)
Award: Award (click to download)

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16. Europe Cement Investment and Trade S.A. (Poland) v. Republic of Turkey

Counsel: Mannheimer Swartling Advokatbyrå (K. Hóber, J. Ragnwaldh & N. Eliasson) v. Freshfields Bruckhaus Deringer (J. Paulsson, L. Reed & B. King) and Cosar Avukatlik Bürosu (Aydin Cosar, U. Cosar & Arzu Cosar)
Case registered: 06.03.2007
Forum & reference: ICSID Case No. ARB(AF)/07/2
Arbitrators: Donald McRae (Chair); Julian D M Lew QC; Laurent Lévy
Subject matter: Electricity concessions
Status of proceeding: Award rendered on 13.08.2009
13.09.2007 - Tribunal constituted
21.11.2007 - Tribunal holds a first session with the parties by telephone conference
25.05.2008 - Tribunal holds a hearing on the parties' renewed applications in Paris
23.07.2008 - Tribunal issues a procedural order concerning the procedural calendar
23.12.2008 - Tribunal issues a procedural order concerning the continuation of the proceeding
13.08.2009 - Award rendered
Claim: USD 3.8 billion (www.globalarbitrationreview.com)
Award: Award (click to download)

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17. Liman Caspian Oil B.V. (the Netherlands) and NCL Dutch Investment B.V. (the Netherlands) v. Republic of Kazakhstan

Counsel: Clifford Chance (A. Sheppard, A. Panayides & I. Suarez Anzorena) v. Reed Smith LLP (D. Warne & B. Paisley) and 3 Verulam Buildings (A. Malek QC & C. Harris)
Case registered: 16.07.2007
Forum & reference: ICSID Case No. ARB/07/14
Arbitrators: Karl-Heinz Böckstiegel, Kaj Hóber and James R. Crawford
Subject matter: Exploration and extraction of hydrocarbons
Status of proceeding: Award rendered on 22.06.2010
24.01.2008 - Tribunal constituted
02.04.2008 - Tribunal holds a first session in London
15.10.2008 - Tribunal issues a procedural order concerning the procedural calendar
22.06.2010 - Award rendered
Claim: Information not publicly available
Award: Award (click to download)

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18. Electrabel S.A. (Belgium) v. Republic of Hungary

Counsel: Clifford Chance LLP (J. Beechey, A. Sheppard - London & Z. Faludi - Budapest) v. Arnold & Porter LLP (J. Engelmayer Kalicki - Washington, D.C., T. Frazer - London, L. Gyselen - Brussels) & Dr. J. Katona
Case registered: 13.08.2007
Forum & reference: ICSID Case No. ARB/07/19
Arbitrators: V.V. Veeder (Chair); Gabrielle Kaufmann-Kohler; Brigitte Stern
Subject matter: Electricity generation: declarations of unlawful expropriation, and breaches of Articles 10(1) and 10(7). Claimant also asks for the determination of compensation in a further phase of the arbitral proceedings (see paragraph 1.47 of the Tribunal's decision dated 30.11.2012)
Status of proceeding: Pending
05.12.2007 - Tribunal constituted
15.05.2008 - Tribunal holds a first session in London
03.09.2008 - ICSID receives a petition for amicus curiae participation from the European Commission
28.04.2009 - Tribunal issues a procedural order concerning the application of a non-disputing party to file a written submission pursuant to ICSID Arbitration Rule 37(2)
09-17.02.2010 - Tribunal holds a hearing on the merits in Washington, D.C.
30.11.2012 - Tribunal issues a decision on jurisdiction, applicable law and liability (click to download)
Claim: Information not publicly available
Award: N/A

More detail...

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19. AES Summit Generation Limited and AES-Tisza Erömü Kft. (UK) v. Republic of Hungary

Counsel: Allen & Overy (S. Jagusch, R. Farnhill & J. Sullivan) v. Arnold & Porter LLP (J. Engelmayer Kalicki - Washington, D.C., T. Frazer - London, L. Gyselen - Brussels) & Dr. J. Katona
Case registered: 13.08.2007
Forum & reference: ICSID Case No. ARB/07/22
Arbitrators: Claus von Wobeser (Chair); J. William Rowley; Brigitte Stern
Subject matter: Electricity generation
Status of proceeding: Award rendered on 23.09.2010
20.11.2007 - Tribunal constituted
09.01.2008 - Tribunal holds a first session in London
03.09.2008 - ICSID receives a petition for amicus curiae participation
26.11.2008 - Tribunal issues a procedural order concerning the filing of an amicus curiae written submission pursuant to ICSID Arbitration Rule 37(2)
15.01.2009 - Non-disputing party files a written submission pursuant to ICSID Arbitration Rule 37(2)
13.03.2009 - Tribunal holds a hearing on the merits in Washington, D.C.
13.05.2009 - Tribunal issues a procedural order concerning the admissibility of evidence
23.09.2010 - Award rendered
Claim: Not quantified; allegations of breach of obligations under Articles 10(1), 10(7) and 13 of the ECT
Award: Award (click to download)

Annulment proceeding
28.01.2011 - Case registered
21.03.2011 - Ad hoc Committee constituted (Bernard Hanotiou (Chair); Rolf Knieper; Abdulqawi Ahmed Yusuf)
29.06.2012 - Ad hoc Committee issued its decision
Ad hoc Committee's decision: Decision (click to download)

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20. Mohammad Ammar Al-Bahloul (Austria) v. Tajikistan

Counsel: Prof. A. Amkan & Dr F. Schwank (for jurisdictional and liability phase); Martin, Lubitz & Hyman LLC (J. F. English) (for final phase) v. information not publicly available
Case registered: 30.05.2008
Forum & reference: Arbitration Institute of the SCC - case No V (064/2008)
Arbitrators: Jeffrey M. Hertzfeld (Chair); Richard Happ; Prof. Ivan S. Zykin
Subject matter: Hydrocarbon exploration licences
Status of proceeding: Final award rendered on 08.06.2010
02.09.2009 - Partial award on jurisdiction and liability rendered (click to download)
Claim: USD 227 million plus specific performance
Award: Award (click to download)

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21. Mercuria Energy Group Ltd. (Cyprus) v. Republic of Poland

Counsel: Shearman & Sterling LLP (P. Pinsolle & Y. Banifatemi) v. Clifford Chance LLP (A. Sheppard & B. Kruzewski) and Public Prosecutor's office (R. Zajdler)
Case registered: 24.07.2008
Forum & reference: Arbitration Institute of the SCC
Arbitrators: Pierre Tercier (Chair); Albert Jan van den Berg; Vaughan Lowe QC
Subject matter: Mandatory fuel reserves
Status of proceeding: Final award rendered in December 2011
Tribunal constituted (announced on 22.01.2009 at www.iareporter.com)
Claimant announces that, on 17.12.2009, the Tribunal rejected the jurisdictional objection raised by the Respondent (Mercuria website)
Final award rendered in December 2011, rejecting Mercuria's claims
(reported by the Investment Arbitration Reporter at http://www.iareporter.com/articles/20120207_1)
Claim: USD 700 million (www.globalarbitrationreview.com)
Award: Information not publicly available

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22. Alapli Elektrik B.V. (the Netherlands) v. Republic of Turkey

Counsel: Volterra Fietta (R. Volterra & S. Fietta) and Latham & Watkins v. Sidley Austin LLP and in-house counsel
Case registered: 27.08.2008
Forum & reference: ICSID Case No. ARB/08/13
Arbitrators: William W. Park (Chair); Marc Lalonde QC; Brigitte Stern
Subject matter: Electricity concession
Status of proceeding: Final Award rendered on 16.07.2012 (attached to the award is a dissenting opinion by arbitrator Marc Lalonde)
Claim: Information not publicly available
Award: Information not publicly available

Revision proceeding
16.11.2012 - Application for Annulment of the award, filed by Alapli Elektrik B.V., is registered
12.12.2012 - Ad hoc Committee is constituted in accordance with Article 52(3) of the ICSID Convention. Its members are: Bernard HANOTIAU (Belgian) (Chairman); Karl-Heinz BÖCKSTIEGEL (German) and Makhdoom Ali KHAN (Pakistani); all members appointed by the Chairman of the Administrative Council
Status: 23.09.2013 - Republic of Turkey files a rejoinder on annulment

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23. Remington Worldwide Limited (UK) v. Ukraine

Counsel: Information not publicly available
Case registered: 2008
Forum & reference: Arbitration Institute of the SCC
Arbitrators: Prof. Gabriele Crespi Reghizzi (Chair); Alexander S. Komarov; Evgeny Kubko
Subject matter: Atomic energy
Status of proceeding: Final award rendered on 28.04.2011
Claim: Information not publicly available
Award: Information not publicly available

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24. Vattenfall AB, Vattenfall Europe AG, Vattenfall Europe Generation AG & Co. KG (Sweden) v. Federal Republic of Germany

Counsel: Mannheimer Swartling LLP (K. Hobér) and Luther Rechtsanwaltsgesellschaft (R. Happ) v. K&L Gates (S. Konrad) and in-house counsel
Case registered: 17.04.2009
Forum & reference: ICSID Case No. ARB/09/6
Arbitrators: Marc Lalonde QC (Chair); Sir Franklin Berman QC; Gabrielle Kaufmann-Kohler
Subject matter: Construction of a coal-fired power plant and environmental protection measures (expropriation)
Status of proceeding: Settled by agreement among the parties embodied in an award by consent dated 11 March 2011
17.09.2009 - The Tribunal holds a first session in Paris
15.03.2010 - Proceeding suspended pursuant to the parties' agreement
27.08.2010 - Suspension of proceeding extended, pursuant to the parties' agreement
11.03.2011 - Parties settle by agreement embodied in an award by consent
Claim: EUR 1.4 billion (globalarbitrationreview.com)
Award: Award (click to download)

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25. EDF International S.A. (France) v. Republic of Hungary

Counsel: Shearman & Sterling (Dr. Y. Banifatemi & E. Gaillard) v. Mannheimer Swartling (K. Hobér, J. Ragnwaldh, M. Göransson and T. Pettersson) and BNT (L. Szabó and J. Burmeister)
Case registered: May 2009
Forum & reference: Ad hoc UNCITRAL Arbitration Rules
Arbitrators: Karl-Heinz Böckstiegel (chair); Pierre-Marie Dupuy; Albert Jan van der Berg
Subject matter: Termination of long-term power purchase agreements
Status of proceeding: Pending
Tribunal constituted
Claim: In excess of USD 100 mln
Award: N/A

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26. EVN AG (Austria) v. The Former Yugoslav Republic of Macedonia

Counsel: Freshfields Bruckhaus Deringer LLP (W. Plesser, C. Konrad, N. Rubins & J. Commission) v. information not publicly available
Case registered: 03.06.2009
Forum & reference: ICSID Case No. ARB/09/10
Arbitrators: Piero Bernardini (chair); Vaughan Lowe; Francisco Orrego Vicuña
Subject matter: Electricity distribution (expropriation)
Status of proceeding: Settled by agreement among the parties embodied in an award by consent rendered on 2 September 2011
03.06.2009 - Acting Secretary General registers a request for the institution of arbitration proceedings
04.12.2009 - Tribunal holds its first session in The Hague
01.06.2011 - The parties file the full and signed settlement and request the Tribunal to embody their settlement in an award
02.09.2011 - Final award rendered
Claim: Information not publicly available
Award: Award (click to download)

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27.  AES Corporation and Tau Power B.V. (the Netherlands) v. Kazakhstan

Counsel: Allen & Overy (J. Gill QC, M. Levy & J. Sullivan) v. Reed Smith LLP & 3 Verulam Buildings (B. Paisley; A. Malek QC; C. Harris; A. White QC), Essex Court Chambers (J. Smouha QC) and 13 Old Square Chambers (S. Olleson)
Case registered: 20.07.2010
Forum & reference: ICSID Case No. ARB/10/16
Arbitrators: Pierre Tercier (replacing Gary Born) (Chair); Klaus Michael Sachs; Vaughan Lowe QC
Subject matter: Power facilities and trading companies
Status of proceeding: Award rendered on 01.11.2013
05.04.2011 - Tribunal holds first session in London
28.04.2011 - Claimants file a memorial on the merits
07.10.2011 - Respondent files a counter-memorial on the merits

25.06.2012 - Respondents file a rejoinder on the merits
18.07.2012 - Tribunal issues a procedural order concerning the procedural calendar
10-14.09.2012 - The Tribunal holds a hearing on the merits in London
02.11.2012 - The Claimants file a supplementary submission on quantum
30.11.2012 - Each party files a post-hearing brief
18.12.2012 - The Respondent files a reply to the Claimant's supplementary quantum submission

14.01.2013 - The Respondent files a submission on the quantum of the additional claim
05-07.02.2013 - The Tribunal holds a hearing on quantum in Paris
01.11.2013 - Award rendered
Claim: Information not publicly available
Award: Information not publicly available

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28. Anatolie and Gabriel Stati, Ascom Group S.A., Terra Raf Trans Traiding Ltd v. Kazakhstan

Counsel: King & Spalding LLP (K. Fleuriet & R. Smith); Bulboaca Associatii (A. Bulboaca) v. Norton Rose Fulbright LLP (P. Nacimiento, M. Buckle), Winston & Strawn London (J. Tiredo), Moscow Regional Collegium of Advocates (Prof. Zenkin)
Case registered: September 2010
Forum & reference: Arbitration Institute of the SCC (116/2010)
Arbitrators: Karl-Heinz Böckstiegel (Chair); David Haigh; Sergey Lebedev
Subject matter: Oil fields
Status of proceeding: Final award rendered on 19.12.2013
Claim: USD 1 billion
Award: Award (click to download)

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29. Khan Resources B.V. (the Netherlands) v. Mongolia

Counsel: Crowell & Moring LLP (I. Laird, A. de Gramont & A. Riveira) v. Hogan Lovells (M. Davison, L. Gouiffès, M. Burgstaller, T. Kendra)
Case registered: 10.01.2011
Forum & reference: Ad hoc UNCITRAL Arbitration Rules
Arbitrators: David A.R. Williams (Chair); L. Yves Fortier; Bernard Hanotiau
Subject matter: Uranium mining project
Status of proceeding: Pending
Claim: USD 200 million
Award: N/A

More detail...

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30. Türkiye Petrolleri Anonim Ortaklığı (Turkey) v. Kazakhstan

Counsel: Hughes Hubbard & Reed LLP (Steve A. Hammond) v. information not publicly available
Case registered: 14.01.2011
Forum & reference: ICSID Case No. ARB/11/2
Arbitrators: Donald M. McRae, Charles N. Brower and Brigitte Stern
Subject matter: Oil exploration and production joint venture
Status of proceeding: Pending
23.04.2012 - Claimant files a memorial on jurisdiction and the merits
13.07.2012 - Tribunal issues a procedural order concerning Respondent's request to join the objections to jurisdiction to the merits
10.12.2012 - The Respondent files a counter-memorial on jurisdiction and the merits
  
22.02.2013 - After a joint request by the parties, the Tribunal issues a procedural order embodying the parties' agreement on the protection of confidential evidence
05.04.2013 - The Tribunal issues a procedural order concerning the production of documents
06.05.2013 - Claimant files a reply on jurisdiction and the merits
21.05.2013 - The parties file a joint request for the Tribunal to issue a procedural order embodying the parties' agreement on the protection of confidential documents
04.06.2013 - The Tribunal issues a procedural order concerning the confidentiality of documents
21.10.2013 - The Tribunal issues a procedural order concerning the organisation of the hearing
06.11.2013 - The Tribunal issues a procedural order concerning the procedural calendar
25.11.2013 - The Tribunal issues a procedural order concerning the suspension of the proceeding. The proceeding is suspended pursuant to the parties' agreement
Claim: Information not publicly available
Award: N/A

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31. The PV Investors v. Spain

Counsel: Allen & Overy (J. Gill QC & J. Sullivan) v. Herbert Smith (E. Soler Tappa & C. Leathley)
Case registered: November 2011
Forum & reference: Ad hoc UNCITRAL Arbitration Rules
Arbitrators: Gabrielle Kaufmann-Kohler (Chair); Judge Charles Brower; Judge Bernardo Sepúlveda-Amor
Subject matter: Legal reforms affecting the renewable energy sector
Status of proceeding: Pending
March 2013 - Decision on bifurcation
Claim: Information not publicly available
Award: N/A

The PV Investors is a group of the following 16 investors: AES, Solar, Ampere Equity Fund, Element Power, Eoxis Energy, European Energy, Foresight Group, GreenPower Partners, GWMLux Energia Solar, HgCapital, Hudson Clean Energy, Impax Asset Management, KGAL GmbH & Co., NIBC Infrastructure Partners, Scan Energy and White Owl Capital

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32. Slovak Gas Holding BV (the Netherlands) et al v. Slovak Republic

Counsel: Freshfields Bruckhaus Deringer v. Foley Hoag
Case registered: 05.04.2012
Forum & reference: ICSID Case No. ARB/12/7
Arbitrators: Toby Landau (Chair); Zachary Douglas; J. Christopher Thomas
Subject matter: Natural gas services
Status of proceeding: Settled by agreement between the parties embodied in an award by consent rendered on 19 March 2013
23.12.2012 - Proceeding is suspended until 14 June 2013, pursuant to the Parties' agreement
14.01.2013 - Parties file the full and signed text of their settlement and request the Tribunal to embody their settlement in an award, pursuant to ICSID Arbitration Rule 43(2)
19.03.2013 - Tribunal renders award embodying the parties' settlement agreement, pursuant to ICSID Arbitration Rule 43(2)
Claim: Information not publicly available
Award: Information not publicly available

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33. Vattenfall AB (Sweden) et al v. Germany

Counsel: Mannheimer Swartling Advokatbyrå AB, and Luther Rechtsanwaltsgesellschaft mbH v. Ministerium für Wirtschaft und Technologie, and McDermott Will & Emery
Case registered: 31.05.2012
Forum & reference: ICSID Case No. ARB/12/12
Arbitrators: Albert Jan Van den Berg (Chair); Vaughan Lowe; Charles N. Brower (appointed following the resignation of Daniel M. Price)
Subject matter: Nuclear power plant
Status of proceeding: Pending
02.07.2013 - The Tribunal issues a decision on the Respondent's preliminary objections pursuant to ICSID Arbitration Rule 41(5)
17.02.2013 - The Tribunal issues Procedural Order No. 1 concerning procedural matters
20.12.2013 and 11.02.2014 – The Tribunal issues Procedural Orders No. 2 and 3 concerning production of documents
Claim: Reported in the German media that the claimed damages could exceed EUR 700 mln
Award: N/A

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34. Charanne (the Netherlands) and Construction Investments (Luxembourg) v. Spain

Counsel: Bird & Bird, and Shearman & Sterling v. Herbert Smith Freehills
Case registered: 2013
Forum & reference: Arbitration Institute of the SCC
Arbitrators: Alexis Mourre (Chair); Guido Tawil; Claus von Wobeser
Subject matter: Legal reforms affecting the renewable energy sector
Status of proceeding: Pending
16.05.2013 - Decision on bifurcation
Claim: Less than EUR 20 mln (according to Investment Arbitration Reporter)
Award: N/A

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35. ČEZ (Czech Republic) v. Albania

Counsel: Weil Gosthal v. Derains Gharavi
Case registered: 16.05.2013
Forum & reference: UNCITRAL ad hoc
Arbitrators: Jan Paulsson (Chair); Christopher Thomas; Emmanuel Gaillard
Subject matter: Albanian regulator's decision of 21 January 2013 to revoke the license of CEZ Shpĕrndrje (power distribution company)
Status of proceeding: Pending
Claim: Information not publicly available
Award: N/A

Click here for the investor's press release

http://www.iareporter.com/articles/20140225_1

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36. Antaris Solar and Dr. Michael Göde v. Czech Republic

Counsel: ArbLit – Radicati di Brozolo Sabatini v. Czech Ministry of Finance, Squire Sanders, Weil Gotshall & Manges, Matrix Chambers
Case registered: 08.05.2013
Forum & reference: UNCITRAL, PCA administered
Arbitrators: Lord Collins of Mapesbury (Chair); Doak Bishop; Judge Peter Tomka
Subject matter: Regulation of the photovoltaic sector
Status of proceeding: Pending
13.08.2013 - decision of the PCA regarding consolidation
Claim: Information not publicly available
Award: N/A

 http://www.iareporter.com/articles/20140102

http://www.globalarbitrationreview.com/news/article/32436/sun-rises-czech-energy-claims   

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37. EVN AG v. Republic of Bulgaria

Counsel: Freshfields Bruckhaus Deringer v. Ministry of Finance, Tomov & Tomov, White & Case
Case registered: 19.07.2013
Forum & reference: ICSID Case No. ARB/13/17
Arbitrators: V.V. Veeder (Chair); Daniel Price; Pierre-Marie Dupuy
Subject matter: Electricity supply and distribution operations
Status of proceeding: Pending
14.02.2014 - The Tribunal issues Procedural Order No. 1 concerning procedural matters
Claim: Information not publicly available
Award: N/A

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38. Isolux Infrastructure Netherlands B.V. v. Spain

Counsel: Bird & Bird v. Government Legal Service
Case registered: 2013
Forum & reference: Arbitration Institute of the SCC
Arbitrators: Information not publicly available
Subject matter: Legal reforms affecting the renewable energy sector
Status of proceeding: Pending
Claim: Information not publicly available
Award: N/A

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39. CSP Equity Investment S.à.r.l. v. Spain

Counsel: Cuatrecasas Gonçalves Pereira v. Government Legal Service (according to Global Arbitration Review)
Case registered: June 2013
Forum & reference: Arbitration Institute of the SCC
Arbitrators: Information not publicly available
Subject matter: Legal reforms affecting the renewable energy sector
Status of proceeding: Pending
Claim: €60 mln in compensation for each year until the dispute is resolved (according to Global Arbitration Review)
Award: N/A

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40. RREEF Infrastructure (G.P.) Limited and RREEF Pan-European Infrastructure Two Lux S.à.r.l. v. Spain

Counsel: Allen & Overy v. Government Legal Service
Case registered: 22.11.2013
Forum & reference: ICSID Case No. ARB/13/30
Arbitrators:  Chair to be appointed; Robert Volterra appointed by the Claimants and Pedro Nikken appointed by the Respondent
Subject matter: Legal reforms affecting the renewable energy sector
Status of proceeding: Pending
Claim: Information not publicly available
Award: N/A

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41. Antin Infrastructure Services Luxembourg S.à.r.l. and Antin Energia Termosolar B.V. v. Spain

Counsel: Allen & Overy v. Government Legal Service
Case registered: 22.11.2013
Forum & reference: ICSID Case No. ARB/13/31
Arbitrators: Chair to be appointed; Francisco Orrego Vicuña appointed by the Claimants and Christopher Thomas appointed by the Respondent
Subject matter: Legal reforms affecting the renewable energy sector
Status of proceeding: Pending
Claim: Information not publicly available
Award: N/A

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42. MOL Nyrt. (Hungary) v. Croatia

Counsel: Weil Gotshal & Manges v. Patton Boggs
Case registered: 05.12.2013
Forum & reference: ICSID Case No. ARB/13/32
Arbitrators: Chair not yet appointed; William W. Park; Brigitte Stern
Subject matter: Dispute over gas pricing and distribution
Status of proceeding: Pending
Claim: Information not publicly available
Award: N/A

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43. Eiser Infrastructure Limited and Energia Solar Luxembourg S.a.r.l. v. Spain

Counsel: Allen & Overy v. Government Legal Service
Case registered: 23.12.2013
Forum & reference: ICSID Case No. ARB/13/36
Arbitrators: Stanimir Alexandrov appointed by the Claimants
Subject matter: Legal reforms affecting the renewable energy sector
Status of proceeding: Pending
Claim: Information not publicly available
Award: N/A

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44. Natland Investment Group NV, Natland Group Limited, G.I.H.G. Limited, and Radiance Energy Holding S.A.R.L. v. Czech Republic

Counsel: ArbLit – Radicati di Brozolo Sabatini v. Czech Ministry of Finance, Squire Sanders, Weil Gotshall & Manges, Matrix Chambers
Case registered: 08.05.2013
Forum & reference: UNCITRAL ad hoc
Arbitrators: Veijo Heiskanen (Chair); Doak Bishop; Christopher Thomas QC
Subject matter: Regulation of the photovoltaic sector
Status of proceeding: Pending
13.08.2013 - decision of the PCA regarding consolidation
Claim: Information not publicly available
Award: N/A

http://www.iareporter.com/articles/20140102

http://www.globalarbitrationreview.com/news/article/32436/sun-rises-czech-energy-claims   

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45. Voltaic Network GmbH v. Czech Republic

Counsel: ArbLit – Radicati di Brozolo Sabatini v. Czech Ministry of Finance, Squire Sanders, Weil Gotshall & Manges, Matrix Chambers
Case registered: 08.05.2013
Forum & reference: UNCITRAL ad hoc
Arbitrators: Chair to be appointed; Doak Bishop; Toby Landau QC
Subject matter: Regulation of the photovoltaic sector
Status of proceeding: Pending
13.08.2013 - decision of the PCA regarding consolidation
Claim: Information not publicly available
Award: N/A

http://www.iareporter.com/articles/20140102

http://www.globalarbitrationreview.com/news/article/32436/sun-rises-czech-energy-claims   

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46. ICW Europe Investments Limited v. Czech Republic

Counsel: ArbLit – Radicati di Brozolo Sabatini v. Czech Ministry of Finance, Squire Sanders, Weil Gotshall & Manges, Matrix Chambers
Case registered: 08.05.2013
Forum & reference: UNCITRAL ad hoc
Arbitrators: Chair to be appointed; Doak Bishop; Toby Landau QC
Subject matter: Regulation of the photovoltaic sector
Status of proceeding: Pending
13.08.2013 - decision of the PCA regarding consolidation
Claim: Information not publicly available
Award: N/A

http://www.iareporter.com/articles/20140102

http://www.globalarbitrationreview.com/news/article/32436/sun-rises-czech-energy-claims     

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47. Photovoltaik Knopf Betriebs-GmbH v. Czech Republic

Counsel: ArbLit – Radicati di Brozolo Sabatini v. Czech Ministry of Finance, Squire Sanders, Weil Gotshall & Manges, Matrix Chambers
Case registered: 08.05.2013
Forum & reference: UNCITRAL ad hoc
Arbitrators: Chair to be appointed; Doak Bishop; Toby Landau QC
Subject matter: Regulation of the photovoltaic sector
Status of proceeding: Pending
13.08.2013 - decision of the PCA regarding consolidation
Claim: Information not publicly available
Award: N/A

http://www.iareporter.com/articles/20140102

http://www.globalarbitrationreview.com/news/article/32436/sun-rises-czech-energy-claims 

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48. WA Investments-Europa Nova Limited v. Czech Republic

Counsel: ArbLit – Radicati di Brozolo Sabatini v. Czech Ministry of Finance, Squire Sanders, Weil Gotshall & Manges, Matrix Chambers
Case registered: 08.05.2013
Forum & reference: UNCITRAL ad hoc
Arbitrators: Chair to be appointed; Doak Bishop; Toby Landau QC
Subject matter: Regulation of the photovoltaic sector
Status of proceeding: Pending
13.08.2013 - decision of the PCA regarding consolidation
Claim: Information not publicly available
Award: N/A

http://www.iareporter.com/articles/20140102

http://www.globalarbitrationreview.com/news/article/32436/sun-rises-czech-energy-claims   

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49. Mr. Jürgen Wirtgen, Mr. Stefan Wirtgen, and JSW Solar (zwei) v. Czech Republic

Counsel: Luther v. Czech Ministry of Finance, Squire Sanders, Weil Gotshall & Manges, Matrix Chambers
Case registered: June 2013
Forum & reference: UNCITRAL ad hoc
Arbitrators: Gabrielle Kaufmann-Kohler (Chair); Gary Born; Judge Peter Tomka
Subject matter: Regulation of the photovoltaic sector
Status of proceeding: Pending
Claim: Information not publicly available
Award: N/A

http://www.iareporter.com/articles/20140110_1

http://www.globalarbitrationreview.com/news/article/32436/sun-rises-czech-energy-claims   

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50. Masdar Solar & Wind Cooperatief UA v. Spain

Counsel: Allen & Overy v. Government Legal Service
Case registered: 11.02.2014
Forum & reference: ICSID Case No. ABR/14/01
Arbitrators: Not yet appointed
Subject matter: Legal reforms affecting the renewable energy sector
Status of proceeding: Pending
Claim: Information not publicly available
Award: N/A

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51. Blusun SA, Jean-Pierre Lecorcier and Nichael Stein v. Italy

Counsel: Dentons v. Ministry of Foreign Affairs
Case registered: 21.02.2014
Forum & reference: ICSID Case No. ABR/14/03
Arbitrators: Stanimir Alexandrov appointed by the Claimants
Subject matter: Photovoltaic energy project
Status of proceeding: Pending
Claim: Information not publicly available
Award: N/A

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