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 n°. ARB/03/24
Arbitrators:
Carl F. Salans (chair); Albert Jan van den Berg; V.V. Veeder
Subject matter:
Oil refinery investment
Status of proceeding:
Pending
10.02.2004 - Tribunal is constituted
25.03.2004 - Tribunal holds its first session in Paris
26.05.2004 - Respondent files its memorial on jurisdiction
25.06.2004 - Claimant files its counter-memorial on jurisdiction
26.07.2004 - Respondent files its reply on jurisdiction
30.08.2004 - Claimant files its rejoinder on jurisdiction
20-21.09.2004 - Tribunal holds a hearing on jurisdiction in Paris
25.10.2004 - Respondent files its post-hearing brief
22.11.2004 - Claimant files its post-hearing brief
06.12.2004 - Respondent files its post-hearing reply
31.03.2005 - Tribunal issues a procedural order concerning the procedural calendar
06.09.2005 - Tribunal issues an order concerning provisional measures
06.10.2005 - Tribunal issues a procedural order concerning the schedule for the filing of written submissions and the presentation of oral arguments
28.10.2005 - Claimant files a memorial on the merits
28.10.2005 - Decision on jurisdiction (click to download)
16.02.2006 - Tribunal holds a procedural meeting in Paris
21-28.02.2006 - Tribunal issues successive procedural orders concerning procedural matters and the Respondent's application for security for costs
11.04.2006 - Claimant files a reply on the merits
27.04.2006 - Tribunal issues a procedural order concerning the production of documents
25.05.2006 - Tribunal issues Procedural Order No. 5 concerning the schedule for the filing of written submissions
28.07.2006 - Respondent files a counter-memorial on the merits
20.09.2006 - Tribunal issues a procedural order concerning the schedule for the filing of written submissions
22.10.2006 - Tribunal holds a pre-hearing meeting with the parties by telephone conference
03.04.2007 - Tribunal issues Procedural Order no. 11 concerning the procedural calendar
27.07.2007 - Respondent files a Rejoinder on the merits
30.10.2007 - Tribunal issues Procedural Order No. 12 concerning its pre-hearing telephone conference of 22 October 2007
28.01-01.02.2008 - Tribunal holds a hearing on the merits in Washington, D.C.
20.03.2008 - Parties file post-hearing briefs
03.04.2008 - Parties file reply post-hearing briefs
14.04.2008 - Tribunal holds a hearing on oral arguments in Washington, D.C.
21.05.2008 - Parties simultaneously file submissions on costs
09.06.2008 - Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1)
27.08.2008 - Award rendered
Claim:
USD 300 million (Shearman & Sterling website)
Award:
Award (click to dowload)