Case Details

Antoine Goetz and others v. Republic of Burundi (ICSID Case No. ARB/95/3)

Subject of Dispute:

Mining enterprise
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

BIT Belgium-Luxembourg - Burundi 1989
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Alain Goetz (Belgian), Antoine Goetz (Belgian), Sandra Weyler (Belgian), Sven Goetz (Belgian), Sylvain Goetz (Belgian), Theresia Pooters (Belgian)
Respondent(s):

Republic of Burundi (Burundi)
Date Registered:

December 18, 1995
Date of Constitution of Tribunal:

June 26, 1996

Composition of Tribunal

President:

Prosper WEIL (French) - Appointed by the Chairman of the Administrative Council
Arbitrators:

Mohammed BEDJAOUI (Algerian) - Appointed by the Respondent(s)
Jean-Denis BREDIN (French) - Appointed by the Claimant(s)

Party Representatives

Claimant(s):

Dominique Herbosch, Anvers, Belgium
Respondent(s):

Ministre de la justice, Bujumbura, Burundi
Language(s) of Proceeding:

French
Status of Proceeding:

Concluded
Outcome of Proceeding:

Settlement agreed by the parties and settlement recorded at their request in the form of an award (Award embodying the parties' settlement agreement rendered on February 10, 1999, pursuant to ICSID Arbitration Rule 43(2)).

(a) Original Proceeding

Published Decisions

Introductory Note

Award embodying the parties' settlement agreement of February 10, 1999, [French original] 15 ICSID Rev.—FILJ 457 (2000); English translation of French original in 6 ICSID Rep. 5 (2004); 26 Y.B. Com. Arb. 24 (2001) (excerpts).

Available on the ICSID Website

Introductory Note (February 10, 1999)

Award (February 10, 1999) French (Original)

No References Available.